Kiwoom Securities, Hana Bank Bond Special Sale Maturing Next Month

Kiwoom Securities announced on the 7th that it will conduct a special sale of Hana Bank bonds.

The Kiwoom special sale bond, ‘Hana Bank 47-04 Bond,’ is a financial bond with a credit rating of AAA. The pre-tax yield is 3.85% per annum, and the after-tax yield is 3.32% per annum. The maturity date is April 30. Although the market average interest rate is 2.84%, Kiwoom Securities is selling it at a higher rate.

The risk rating of this bond is low risk, making it a suitable financial product for conservative investors seeking stability. Since it is an unlisted bond, it cannot be sold on the exchange and must be held until maturity.

Kiwoom Securities sells about 20 types of government and corporate bonds over-the-counter. Since last year, it has been selling bonds with special interest rates under the name ‘special sale.’ A total of 20 billion KRW worth of these special sale bonds have been prepared. Once sold out, they will be removed from Kiwoom Securities’ over-the-counter bond sales list. The Kookmin Bank bonds sold in February were also sold out within a few days.

Bonds are generally considered relatively safe products, but if a credit event (default, bankruptcy) occurs before maturity, the principal may be lost. Korea Ratings rated Hana Bank’s credit rating as ‘AAA/Stable,’ stating that as a top-tier bank with a diversified loan portfolio, it can respond smoothly to industry fluctuations and government regulatory changes, ensuring excellent business stability.

Kiwoom Securities’ special sale bonds can be purchased through the mobile app Youngwoom S# or the Kiwoom Securities website. Additionally, investors trading over-the-counter bonds for the first time at Kiwoom Securities can apply for the ‘If it’s your first bond investment, get 10,000 KRW’ event and receive a 10,000 KRW coupon usable for bond purchases.