KB Securities Launches 'KB able Step-Up Issued Notes'

[Asia Economy Reporter Oh Ju-yeon] KB Securities announced on the 6th that it launched the 'KB able Step-Up Issued Note' for corporate clients on the 4th. The entire amount of 200 billion KRW issued this month was fully sold out, and it is scheduled to be offered monthly starting from the March issuance.

KB Securities' KB able Step-Up Issued Note is a product that allows a 3-month maturity issued note to be conveniently reinvested every 3 months over a 1-year period, enhancing customer convenience. Even in a continued low-interest-rate environment, the interest rate at the reinvestment point after 3 months is paid based on the agreed rate at the time of subscription, enabling customers to have better interest rate options.

For example, if the current 3-month interest rate for KB Securities issued notes is 1.45%, the 6-month rate is 1.47%, the 9-month rate is 1.49%, and the 12-month rate is 1.51%, the first 3 months will receive 1.45%, and thereafter every 3 months the rates of 1.47%, 1.49%, and 1.51% will be applied respectively.

A KB Securities official stated, "The issuance volume and expansion to individual customers will be decided depending on market conditions."

This product is not protected under the Depositor Protection Act and principal loss may occur due to the issuer's credit risk. For further details, please contact any branch nationwide or the customer center.

This content was produced with the assistance of AI translation services.