KB Securities Launches New Issued Note Product for Individual Customers

[Asia Economy Reporter Oh Ju-yeon] KB Securities announced on the 16th that it will expand the sale of the 'KB able Step-Up Issued Note' product to individual customers.

The KB able Step-Up Issued Note is a product that allows easy reinvestment every 3 months within a 1-year range by subscribing to KB Securities' 3-month maturity issued notes. When sales began in March targeting corporate customers, the entire 200 billion KRW was sold out immediately.

A KB Securities official stated, "After analyzing the trading patterns of KB Securities issued note customers over the past year, most individual customers wanted to purchase medium- to long-term issued notes such as 12 months to achieve higher returns, but due to losses from early termination in case of urgent fund needs, they subscribed mainly to short-term issued note products."

To resolve these inconveniences for individual customers, KB Securities decided to expand the sales target of the KB able Step-Up Issued Note.

Going forward, individual customers subscribing to the KB Securities able Step-Up Issued Note product will be able to terminate the product without penalty at each 3-month maturity after subscription. If they decide to maintain the subscription, they can repurchase the 3-month maturity issued notes with an increased yield at the agreed return rate at the time of subscription, thus enjoying the effect of purchasing medium- to long-term issued notes.

KB Securities plans to assist smooth fund management by notifying individual customers subscribed to the product of maturity every 3 months to decide whether to maintain the product. Additionally, it will sequentially provide yields of 1.00% for 3 months, 1.05% for 6 months, 1.10% for 9 months, and 1.15% for 12 months over one year.

A KB Securities official said, "In a continued low-interest-rate environment, the advantage of the KB able Step-Up Issued Note is that at the reinvestment point after 3 months, customers can choose the agreed return rate at the time of subscription, enabling more convenient and flexible short-term fund management," adding, "We will continue to develop various products that broaden customers' choices."

The KB able Step-Up Issued Note can be subscribed to through nationwide branches, the website, Home Trading Service (HTS), and Mobile Trading Service (MTS). The KB able Issued Note is not a protected product under the Depositor Protection Act and may incur principal losses due to issuer credit risk. For more details, please contact any nationwide branch or customer center.

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