DB Financial Investment Sells DLB with Minimum Annual 2.5% Return to New Customers
[Asia Economy Reporter Eunmo Koo] DB Financial Investment announced on the 30th that it will sell other derivative-linked bonds (DLB) products that pay principal and a minimum annual interest of 2.5% until the 4th of next month.
'My First DB DLB No. 79' 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. The total subscription amount is capped at 5 billion 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 will also sell during the same period the early redemption type 'DB happy+ Equity-Linked Securities (ELS) No. 2191', the 6-month maturity 'DB Safe DLB No. 375', and the 1-year maturity 'DB Safe No. 598 Equity-Linked Derivative-Linked Bonds (ELB)'.
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