When Subscribing to the Knock-Out Growth Type (High-Yield Seeking Type), Returns Vary with Index Movements:
Minimum Annual Rate of 2.00%
Up to a Maximum Annual Rate of 14.0%
KB Kookmin Bank announced on the 25th that it has launched the "KB Star Index-Linked Deposit 26-2," which guarantees the principal at maturity while also offering the potential for additional returns depending on movements in the underlying asset.
The "KB Star Index-Linked Deposit 26-2" is a 1-year product linked to the KOSPI 200 Index as its underlying asset, and is composed of three types: the ▲ Growth-Seeking Type (Minimum Interest Rate Guaranteed Type), ▲ Knock-Out Growth Type (Minimum Interest Rate Guaranteed Type), and ▲ Knock-Out Growth Type (High-Yield Seeking Type).
First, under the Growth-Seeking Type (Minimum Interest Rate Guaranteed Type), the maturity interest rate is determined by the rate of increase in the underlying asset, and the product offers an annual interest rate ranging from a minimum of 2.92% to a maximum of 3.10% at maturity (as of the 25th, before tax).
The Knock-Out Growth Type (Minimum Interest Rate Guaranteed Type) offers a maturity interest rate ranging from a minimum annual rate of 2.92% to a maximum annual rate of 3.57%, depending on the rate of increase in the underlying asset. The Knock-Out Growth Type (High-Yield Seeking Type) offers a maturity interest rate ranging from a minimum annual rate of 2.00% to a maximum annual rate of 14.0%.
However, for the Knock-Out Growth Type (Minimum Interest Rate Guaranteed Type), if the underlying asset rises by more than 25% during the observation period, the maturity interest rate is fixed at the minimum interest rate. For the Knock-Out Growth Type (High-Yield Seeking Type), if the underlying asset rises by more than 20% during the observation period, the maturity interest rate is fixed at the minimum interest rate.
The subscription period for this product runs until March 9, and customers can subscribe via KB Star Banking or at bank branches. The subscription limit is 50 billion won for each return structure, for a total of 150 billion won.
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