Kyobo Securities Sells Special ELB with 5% Annual Principal Payment

Kyobo Securities announced on the 22nd that it will sell a special offering equity-linked bond (ELB) that pays a pre-tax annual return of 5%.

The special offering ELB being recruited this time is a 6-month principal-protected product with a pre-tax annual return of 5%, based on Hyundai Motor Company common stock, and has the same product structure as the special offering ELB for the brokerage-type Individual Savings Account (ISA) that was fully sold out on the 12th.

On the maturity evaluation date, if the underlying asset's maturity evaluation price exceeds 200%, a pre-tax annual return of 5.01% will be paid; if it is 200% or less, a pre-tax annual return of 5.00% will be paid. Early redemption may result in principal loss.

The minimum subscription amount is 1 million KRW or more in units of 100,000 KRW, and subscriptions can be made through a brokerage-type ISA account. Additionally, customers with a combined trading amount of 20 million KRW or more in overseas stocks, overseas bonds, and overseas futures in a discretionary account are also given the opportunity to subscribe.

The recruitment limit is 3 billion KRW, and allocation will be proportionally distributed according to each investor's subscription amount once the limit is reached.

Meanwhile, an event offering various benefits for purchasing OTC bonds online or trading domestic listed stocks through a brokerage-type ISA account is ongoing until the end of August.

For more details, please check the Kyobo Securities website and mobile trading system.