Kyobo Securities Announces Public Offering of Monthly-Paying ELB with Pre-Tax Annual Yield of 5.04%

Kyobo Securities announced on the 12th that it will publicly offer one type of Equity-Linked Bond (ELB).

ELB Series 366 is a principal-protected product with a 3-year maturity that seeks monthly income based on KB Financial Group common stock as the underlying asset.

If the evaluation price of the underlying asset on the monthly income evaluation date is at least 85% of the initial reference price, a pre-tax monthly return of 0.42% (5.04% annually) will be paid. If the evaluation price is below 85% of the initial reference price on the monthly income evaluation date, no income will be paid.

Additionally, there is an early redemption opportunity every six months. If the closing price of the underlying asset on the automatic early redemption evaluation date is 102% or higher, the principal will be paid and the bond will be redeemed early.

Even if the maturity evaluation price of the underlying asset is below 102% on the maturity evaluation date, the principal will be paid. However, early redemption may result in principal loss.

The minimum subscription amount for this product is 1,000,000 KRW, and subscriptions can be made in units of 100,000 KRW.

For more details, please refer to the announcements on the Kyobo Securities website and the Mobile Trading System (MTS).