DB Financial Investment Sells 3 Types Including Principal-Protected ELB and DLB
[Asia Economy Reporter Eunmo Koo] DB Financial Investment announced on the 16th that it will sell three types of products?Equity-Linked Bonds (ELB), Derivative-Linked Bonds (DLB), and Equity-Linked Securities (ELS)?until the 19th.
The principal-protected products ELB and DLB are being sold to new customers who opened accounts for the first time between 2019 and 2020, as well as existing customers subscribed to DB Financial Investment’s Individual Savings Account (ISA). Subscriptions are possible in units of 1 million KRW with a minimum of 10 million KRW; individuals can subscribe up to 100 million KRW, and corporations up to 300 million KRW.
The “DB Safe No. 549 ELB” is a one-year maturity product. If during the evaluation period the closing price of the KOSPI200 index never exceeds 120% of the initial reference price and the maturity evaluation price is between 100% and 120% of the initial reference price, a maximum return of 4.8% is paid. If the index price exceeds 120% of the initial reference price at any time or the maturity evaluation price is 100% or less, a return of 1.8% is paid.
The “My First DB DLB No. 58” is a three-month maturity product. If the final bid yield of the 91-day Certificate of Deposit (CD) at maturity is 10% or higher, an annual return of 2.51% is paid; if it is below 10%, an annual return of 2.5% is paid. Existing ISA customers must not have subscribed to special DLB or Derivative-Linked Securities (DLS) products since 2019 to be eligible.
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Additionally, the “DB Happy Plus ELS No. 2170,” which is based on the KOSPI200 Leverage Index, is also being sold. Subscriptions are available at all DB Financial Investment branches, on the website, and via the mobile app.
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