Shinhan Investment Corp. Launches Special RP with 5% Annual Pre-Tax Rate

Shinhan Investment Corp. announced on the 19th that it will launch the 'Subscription Refund Special RP' for customers who subscribe to public offering stocks from February 19 to February 23, 2024.

This 'Subscription Refund Special RP' offers a '5% annual interest rate (pre-tax, 91-day term) special RP' to customers who applied for public offering stock subscriptions and are either new customers since January or those who have not traded stocks for the past six months.

Subscription to the special RP is available through in-person visits, HTS, and MTS, and only customers eligible for the public offering stock subscription can subscribe to the product. The subscription amount per person is limited to the lesser of the subscription refund amount or 50 million KRW. The total limit is 50 billion KRW, and the event will end early once the limit is reached.

RP refers to a 'repurchase agreement bond,' which is primarily secured by government bonds, local government bonds, monetary stabilization bonds, and high-grade corporate bonds, and pays the agreed interest and principal after a certain period.

For more details about the event, customers can check the Shinhan Investment Corp. website, the Shinhan SOL Securities app, or contact the Shinhan Investment Corp. customer support center. It is important to note that all financial products carry the risk of principal loss.

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