Korea’s DLS issuance remains tepid

South Korea’s derivative-linked securities (DLS) and derivative-linked bonds (DLBs) issuance activities remained sluggish in 2023, with 1,900 new products brought to the market worth KRW16 trillion (US$12 billion), according to the latest report from Korea Securities Depository (KSD). While 1,369 newly issued DLBs collected KRW12.8 trillion, sliding three percent YoY, total DLS issuance remained almost flat, gathering KRW3.25 trillion from 531 products issued in 2023, down one percent com