Most active Asian securitisation market

Increasing deal size, multiple cross-border issuance and new players entering the fray are just about what captures Korea’s securitisation market.

South Korea remains a strong force in the region as the most active Asian securitisation market - excluding Japan - in recent years, representing close to 65% of Asian issuance, with cross-border issuance becoming a more common feature.

Total securitisation issuance in 1H07 was close to USD19 billion, while it had neared USD17 billion in 1H06; and cross-border issuance in 1H07 was USD1.98 billion, compared to USD1.35 billion last year.

Gearing up for the explosion in the domestic CDS market

On the credit front, structured credit products continue to gain appeal in Korea given institutional investors’ interest in managed synthetic CDOs, credit CPPIs and CPDOs. Investment banks have begun setting up CDS desks in the country’s capital and government support for the development of the credit derivatives sector on the domestic market by way of regulatory changes also looks positive.

Against this backdrop, the growth potential for Korean structured credit market is huge and recognized as the next big thing.

Are you poised to leverage this huge market potential? Don’t miss out – register now and meet the key players of the Korean securitisation/structured credit industry.