DB Financial Investment Sells Three Derivative Products: DLB, ELB, and ELS
[Asia Economy Reporter Myung-Hwan Lee] DB Financial Investment announced on the 7th that it will sell three types of derivative products: other derivative-linked bonds (DLB), equity-linked bonds (ELB), and equity-linked securities (ELS).
The 3-month maturity "My First DB DLB No. 147," sold until the 10th, offers a pre-tax annual return of 3.21% if the final evaluation price of the underlying asset, the CD (91-day) yield, is 10% or higher at maturity. Even if the evaluation price is below 10%, a pre-tax annual return of 3.20% is provided. The minimum subscription amount is 10 million KRW, with subscriptions possible in units of 1 million KRW.
The "DB Safe No. 723 ELB" is a 1-year maturity product based on the KOSPI 200 index. If during the evaluation period the closing price of the KOSPI 200 index never exceeds 115% of the initial reference price, and the underlying asset's maturity evaluation price is between 100% and 115% of the initial reference price, investors can earn up to 4.75% return. If the index exceeds 115% at any time or the maturity evaluation price is 100% or less, a 2.50% return is paid.
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The "DB happy+ ELS No. 2235," sold until the 17th, is a 3-year maturity product based on the KOSPI 200 Leverage index. It offers early redemption opportunities every 4 months and a maximum annual return of 6.30%. If early redemption does not occur and maturity repayment is reached, and the underlying asset's maturity evaluation price is at least 65% of the initial reference price on the maturity evaluation date, the principal and an 18.90% return (6.30% annually) are paid. However, if the maturity evaluation price is below 65% of the initial reference price, principal loss may occur depending on the decline rate of the underlying asset.
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