[Korea goyounghun financial newspaper News] 1Q 2017 ELS issuance amount showed an increase of 10.6% from the previous quarter. Repayment amount was blown 44.0% QoQ.
Seven days, according to the Korea Securities Depository first quarter ELS (derivatives included four ELB) issued amount is recorded 19.8922 trillion won, up 10.6% from the previous quarter.
It is analyzed that the ELS balhaengryang increase in demand for reinvestment of stable trend, increasing capacity of the issuer issued in accordance with the early repayment and increased investors in global stock markets.
Recently, Europe has gotta investor sentiment returned to the markets of bullish and Hong Kong ELS issuance of the leading index in EURO STOXX 50, HSI, etc. in these markets as underlying assets have increased by respectively 91.4%, 230.6% from the previous quarter.
Q1 reference ELS outstanding balance is decreased by 6.6% compared to the quarter 64.6994 trillion won. It is analyzed that due to the early repayment of such greatly increased by the rise and abroad, the leading index increased in spite of issuance from the previous quarter.
By issuing the form issued by the Competition 14000000007551 won, private placement accounted for 74.2% and 25.8%, respectively, compared to the total amount issued for 5.1371 trillion won. ELS 3.6% QoQ IPO, private equity has grew by 37.4%, increase in private placement is analyzed that the recent leading indicators have been dolahseomyeonseo reflect the increasing demand of institutional investors for the ELS market and investor sentiment to rise.
Based assets by issuing performance had gotta issued 11 and 15.3382 trillion won ELS each of the EUROSTOXX50 Index and KOSPI 200 index as underlying assets 332.3 billion won increased by respectively 91.4%, 45.0% the previous quarter, ELS to the HSI index as underlying assets Figure 8 qq to 9701 eokwon increased significantly (230.6%).
HSI index was reached in March this year, 24,593 lines after 18,320 lines trough in February last year, have increased the companies balhaengryang incorporate these two indices as an underlying asset. ELS issuance of the KOSPI 200 and NIKKEI225 index as underlying assets were 11.3323 trillion won, was increased by respectively 45.0%, 64.9% previous quarter to 5.0277 trillion won, these two basic index also has continued to rise past year underlying asset It is analyzed as an enlarged transfer.
KSD official "HSCEI index evade transfer the underlying assets due to investment losses experienced due to the 41.8% last year, from January to February HSCEI index plunged almost rises up from last year's 20,001 in March after taking a low point in 7505 year January 644 He explained that he seems. "
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