Outstanding Balance of Unpaid DLS Issuance in First Half of Year Reaches 26.8 Trillion Won

[Asia Economy Reporter Lee Seon-ae] The outstanding balance of derivative-linked securities (DLS·DLB) issued but not yet redeemed in the first half of this year recorded 26.7719 trillion won, a 0.5% decrease compared to the end of last year.

According to the Korea Securities Depository on the 21st, as of the end of last month, the outstanding balance of DLS was 26.7719 trillion won, down 12.9% from the same period last year (30.7497 trillion won) and down 0.5% from the end of last year (26.9008 trillion won).

The issuance amount of DLS·DLB in the first half was 9.4626 trillion won, down 10.2% from the same period last year (10.5358 trillion won). It decreased by 19.5% compared to the previous half (11.754 trillion won).

By issuance type, private placements accounted for 88.3% (8.3589 trillion won) of the total issuance amount. Public offerings accounted for 11.7% (1.1037 trillion won).

By underlying asset type, interest rate-linked DLS accounted for 57.5% (5.4451 trillion won) of the total issuance amount, credit-linked DLS accounted for 31.5% (2.9828 trillion won), and mixed-type DLS accounted for 9.1% (860.9 billion won), with these three types accounting for 98.2% (9.2888 trillion won) of the total.

Among securities companies, 18 companies issued DLS, with Samsung Securities having the largest issuance scale at 1.5951 trillion won. Kyobo Securities (1.106 trillion won) and Hanwha Investment & Securities (1.0047 trillion won) followed.

The redemption amount (9.9222 trillion won) decreased by 32.2% compared to the previous half.

The total redemption amount of DLS in the first half was 9.9222 trillion won, down 44.1% from the same period last year (17.7477 trillion won) and down 32.2% from the previous half (14.643 trillion won).

By redemption type, early redemption amounted to 5.0607 trillion won, accounting for 51.0% of the total redemption amount, while maturity redemption and mid-term redemption amounted to 4.4924 trillion won and 369.1 billion won, accounting for 45.3% and 3.7% of the total redemption amount, respectively.

This content was produced with the assistance of AI translation services.