KSD Reports Unpaid DLS Outstanding Balance of 31.7081 Trillion KRW in First Half of the Year

Issued Amount 9.3316 Trillion KRW,
Repayment Amount 10.4423 Trillion KRW

The Korea Securities Depository announced on the 19th that the outstanding balance of derivative-linked securities (DLS) as of the end of the first half of this year stood at 31.7081 trillion KRW, a 2.2% decrease compared to the end of the previous year.

The number of DLS (including DLB) issued in the first half of this year was 948, a 2.8% increase from the previous half, but the issuance amount decreased by 13.9% to 9.3316 trillion KRW.

By issuance type, public offerings accounted for 57.2% and private placements for 42.8% of the total issuance amount. The amount issued through public offerings decreased by 29.2% compared to the previous half, while private placements increased by 20.9%.

By underlying asset type, interest rate-linked DLS accounted for 79.1% of the total issuance amount, or 7.3816 trillion KRW, and credit-linked DLS accounted for 19.8%, or 1.8474 trillion KRW. These two types together accounted for 89.9% of the total issuance amount, or 9.229 trillion KRW.

A total of 21 companies issued DLS, with Hana Securities issuing the most at 2.4546 trillion KRW. Next were Hanwha Investment & Securities with 1.2018 trillion KRW and Shinhan Investment Corp. with 1.023 trillion KRW. The top five securities firms issued DLS worth 5.9927 trillion KRW, accounting for 64.2% of the total issuance amount.

The total redemption amount of DLS in the first half was 10.4423 trillion KRW, a 39.6% increase compared to the previous half (7.4817 trillion KRW). By redemption type, maturity redemptions amounted to 8.8523 trillion KRW, accounting for 84.8% of the total redemption amount, while early redemptions and mid-term redemptions accounted for 1.427 trillion KRW and 163 billion KRW, or 13.7% and 1.5%, respectively.

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