Kyobo Securities Launches KOSPI200 Underlying Asset ELB with 5.0% Annual Yield Public Offering

Kyobo Securities announced on the 11th that it will offer one type of High Five principal-protected equity-linked bond (ELB) through a public offering until the 13th.

ELB Series 390 is a 3-year principal-protected product based on the KOSPI200 index as the underlying asset. Early redemption opportunities are provided every six months, and it offers a pre-tax annual return of 5.0% if conditions are met. If the underlying asset price on the automatic early redemption evaluation date or maturity redemption evaluation date is 103% or more of the initial reference price, a 5.0% annual return is paid. Additionally, if the underlying asset's maturity evaluation price on the maturity redemption evaluation date is less than 103% of the initial reference price, the principal is paid, but principal loss may occur in case of early redemption.

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

Subscriptions and detailed information can be found on the Kyobo Securities website and the Mobile Trading System (MTS).