DB Financial Investment Sells Principal-Protected ELBs to New Customers

[Asia Economy Reporter Eunmo Koo] DB Financial Investment announced on the 7th that it will sell equity-linked derivative bonds (ELB) to new customers until the 10th.

The ‘DB Safe No. 555 ELB’ is a 1-year principal-protected product. If during the evaluation period the closing price of the KOSPI200 index never exceeds 120% of the initial reference price and the maturity evaluation price is more than 100% but less than or equal to 120% of the initial reference price, a maximum return of 4.8% will be paid. Additionally, if the KOSPI200 index closing price has exceeded 120% of the initial reference price at any time or if the maturity evaluation price is 100% or less, a return of 1.8% will be paid.

This product is available to any new customer who opened their first account with DB Financial Investment between 2019 and 2020. Customers currently subscribed to DB Financial Investment’s Individual Savings Account (ISA) can also apply.

In addition, the ‘DB Happy Plus Equity-Linked Securities (ELS) No. 2173’, based on the KOSPI200 leverage index as the underlying asset, and the ‘My First DB Other Derivative-Linked Bond (DLB) No. 61’, based on the final bid yield of the 91-day negotiable certificate of deposit (CD), are also being sold.

Applications can be made at all DB Financial Investment branches, on the website, or via the mobile app.