On the issuing side, companies are also trying to cut funding costs by issuing bonds with embedded options such as swaptions and digital options, said one market participant at a domestic bank in the country. “That’s where most of the business is at the moment,” he added.
SG’s Seoul office will work on structuring and marketing the structured bonds to insurance companies and investment trust companies. The bank does not plan to add any more staff to its existing team in South Korea this year.
The week on Risk.net, July 7-13, 2018Receive this by email