KB Securities Launches Special Term Deposit Certificates for Toss Bank Customers

KB Securities announced that starting from 11 a.m. on the 7th, it will conduct a special issuance of promissory notes through Toss Bank, offering a maximum pre-tax annual yield of 4.55%.

To commemorate the sale of promissory notes through Toss Bank, KB Securities has prepared a special issuance with a limit of 200 billion KRW. The special issuance promissory notes will be sold to individual customers who open KB Securities accounts through Toss Bank, with a minimum purchase amount of 1 million KRW per individual.

The special issuance promissory notes consist of demand-type promissory notes (pre-tax annual 3.7%) that can be bought and sold without a fixed period, and step-up promissory notes that reinvest up to one year every six months at a higher yield (1st term pre-tax annual 4.4%, 2nd term pre-tax annual 4.55%), allowing investors to choose products according to their investment objectives.

In particular, the step-up promissory notes are exclusively sold by KB Securities among promissory note issuers, providing the promised six-month interval yields at initial subscription, and allowing investors to decide whether to reinvest the principal or principal plus interest at a higher yield after the first six months. Since the reinvestment yield is determined at the time of subscription, this product is advantageous if a future interest rate decline is expected.

Additionally, as part of the Toss Bank linked account opening event, new customers who open a KB Securities brokerage account for the first time through Toss Bank by the end of August will receive a 10,000 KRW overseas stock coupon. If the received overseas stock coupon is used within the event period, an additional 10,000 KRW stock coupon (5,000 KRW for domestic stocks + 5,000 KRW for overseas stocks) will be granted.

Ha Woo-sung, Head of the Platform Division at KB Securities, said, "Through this special issuance of promissory notes, we can provide customers with the experience of receiving the promised returns," and added, "We will continue to expand KB Securities’ competitive financial product lineup to help customers manage their assets."

Promissory notes may be suspended from new or additional purchases without prior notice if the issuance limit is exceeded. There is a credit risk of KB Securities as the issuer (default or bankruptcy), which may result in delayed payment of principal and returns or loss of principal, and this risk is borne by the investor. For more details, please contact the KB Securities website or customer center.

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