The securities house’s derivative-linked bond (DLB) issuance has bounced back in Q2 21 to the level seen in 2020 after reaching a two-year high a quarter ago.

The sales amount of DLB and derivative-linked securities (DLS) dropped to KRW100 billion (US$117.7m) from KRW600 billion quarter-on-quarter while the sales of equity-linked securities (ELS) and equity-linked bond (ELB) remained stable at KRW1.2 trillion, according to the securities house’s Q2 21 earnings release.  In Q1 21, NH Investment launched 16 new long-dated DLBs in Q1 21 lifting the volume to a two-year record, as SRP reported. In contrast, there were only three new DLBs sold

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