Shinhan Investment Corp. Launches Special Offer on High-Grade OTC Bonds with Annual Yield Over 4%
Shinhan Investment Corp. announced on the 1st that it will sell a mobile-exclusive special offer for over-the-counter bonds through Shinhan SOL Securities. The special offer targets two types of OTC bonds: 'BNK Capital 236-2' and 'DL 263-2,' with sales limits of 10 billion KRW and 20 billion KRW, respectively.
The maturity date of 'BNK Capital 236-2' is February 24, 2025. It is a high-quality bond with a credit rating of AA- (Korea Ratings), offering a pre-tax investment yield of 4.40% per annum.
'DL 263-2' matures on October 4, 2024, and also holds a credit rating of AA- (Korea Ratings). Its pre-tax investment yield is 4.30% per annum.
Nam Seong-hyun, head of the bond product department at Shinhan Investment Corp., stated, "Shinhan Investment Corp. selects OTC bonds monthly to offer as special products. Due to strong customer demand for mobile special offer products, we plan to continue providing them this year as we did last year."
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The bonds sold are not protected under the Depositor Protection Act and carry the risk of principal loss due to credit risk. Detailed information about the special offer products can be found through the Shinhan SOL Securities MTS.
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