Korea Securities Depository (KSD) said on the 30th that the DLS issuance balance in the first half of this year was 35.3483 trillion won, an increase of 10.9% compared to the same period last year. Compared to the previous half, it increased by 8.2%.
The DLS issuance amount was 12.3167 trillion won, a 33% increase compared to the first half of last year.
The number of items increased by 15.7% to 1,277 compared to the same period last year.
By issuance type, public offerings accounted for 30.3% (3.7341 trillion won) of the total issuance amount, while private placements accounted for 69.7% (8.5826 trillion won). Public offerings decreased by 4.7% compared to the same period last year. During the same period, private placements increased by 60.6%.
The issuance performance by underlying asset type showed that interest-linked DLS accounted for 79.7% of the total issuance amount, amounting to 9.8152 trillion won. Credit-linked DLS reached 10%, totaling 1.2354 trillion won. The two types combined recorded 89.7% of the total issuance amount, or 11.507 trillion won.
The DLS issuance amount of the top five securities firms was 7.5777 trillion won, accounting for 61.5% of the total issuance amount of 12.3167 trillion won from 21 firms. Hana Securities had the largest issuance scale at 4.067 trillion won, followed by BNK Investment & Securities (1.1546 trillion won) and Shinhan Investment Corp. (902.7 billion won).
The total redemption amount for DLS was 8.5515 trillion won, an increase of 24.9% compared to the same period last year.
By type of redemption, the maturity redemption amount was 6.8376 trillion won, accounting for 80% of the total redemption amount. The early redemption and intermediate redemption amounts recorded 1.252 trillion won and 461.9 billion won, respectively, accounting for 14.6% and 5.4% of the total redemption amount.