DB Financial Investment Sells 3 Types Including ELB and DLB for New and ISA Customers

[Asia Economy Reporter Eunmo Koo] DB Financial Investment is selling two types of principal-protected products, equity-linked bonds (ELB) and other derivative-linked bonds (DLB), until the 10th, and one type of equity-linked securities (ELS) product until the 17th.

ELB and DLB are sold to new customers who opened accounts for the first time in 2019-2020 and existing customers subscribed to DB Financial Investment's Individual Savings Account (ISA). Subscriptions are possible in units of 1 million KRW or more, in increments of 100,000 KRW.

The 'DB Safe No. 515 ELB,' based on the KOSPI200 index as the underlying asset, is a 1-year maturity product. If during the evaluation period the closing price of the KOSPI200 index never exceeded 115% of the initial reference price and the maturity evaluation price of the underlying asset is more than 100% but less than or equal to 115% of the initial reference price, a maximum return of 5% is paid. If the underlying asset exceeded 115% of the initial reference price at any time or the maturity evaluation price is 100% or less, a 2% return is paid.

The 'My First DB DLB No. 38,' based on the final bid yield of a 91-day Certificate of Deposit (CD) as the underlying asset, is a 3-month maturity product. If the maturity evaluation price is 10% or more, a pre-tax annual return of 2.71% is paid, and if less than 10%, a pre-tax annual return of 2.7% is paid. Existing ISA customers must not have subscribed to special DLB, DLS, or ELB products since 2019 to be eligible.

The 'DB Happy Plus ELS No. 2141,' based on the KOSPI200 Leverage index as the underlying asset, is a 3-year maturity product. On automatic early redemption evaluation dates every 4 months, if the automatic early redemption evaluation price of the underlying asset is at least 95% (4 months), 90% (8, 12 months), 88% (16 months), 85% (20, 24 months), 80% (28 months), or 75% (32 months) of the initial reference price, the principal and a pre-tax annual return of 6% are paid. Even if early redemption does not occur, if on the maturity evaluation date the maturity evaluation price of the underlying asset is at least 65% of the initial reference price, the principal and a pre-tax 18% (6% annually) return are paid. However, if the maturity evaluation price is below 65%, principal loss may occur depending on the decline rate of the underlying asset. Subscriptions are possible in units of 100,000 KRW or more, in increments of 100,000 KRW.

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