DB Financial Investment Sells DLB with Minimum Annual Return of 2.5%
[Asia Economy Reporter Eunmo Koo] DB Financial Investment announced on the 5th that it will sell other derivative-linked bonds (DLB) products that pay principal and a minimum annual interest of 2.5% until the 8th.
'My First DB DLB 72nd Issue' is sold to new customers of DB Financial Investment, with individuals able to subscribe up to 100 million KRW and corporations up to 300 million KRW.
This product is a 3-month maturity product that pays an annual return of 2.51% if the final bid yield of the 91-day negotiable certificate of deposit (CD) maturity evaluation price is 10% or higher, and pays 2.5% annually even if it is below 10%. Subscriptions start from a minimum of 10 million KRW and in units of 1 million KRW.
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DB Financial Investment also sells equity-linked securities (ELS) based on the KOSPI200 leverage index and equity-linked derivative bonds (ELB) based on the KOSPI200 index during the same period.
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