Jun
04

Interested in Debt? Best Korean Buys Are From the 100 Trillion Club

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In South Korea, the coveted 100 Trillion Club refers to companies with more than that in won of annual revenue and denotes stability. Brokers in the nation are now applying the moniker to high-yielding structured notes tied to stocks of companies including Apple Inc. and Facebook Inc.

Sales of structured notes linked to shares of companies outside Korea rose 151 percent to 3.52 billion won ($3.2 million) in May, the most since November 2006, Korea Securities Depository data show. While still a small fraction of total equity-linked securities sales, offerings have increased sharply in recent months, the data show…

Interested in Debt? Best Korean Buys Are From the 100 Trillion Club

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