Kyobo Securities Announces Public Offering of Monthly-Paid ELB with Pre-Tax Maximum Annual Yield of 6.12%

Kyobo Securities announced on the 15th that it will offer a public subscription for one type of Equity-Linked Bond (ELB) until the 19th.

The 348th ELB is a principal-protected product based on SK Innovation common stock, aiming for monthly income payments. The maturity is 3 years, and if the evaluation price of the underlying asset on the monthly income evaluation date is at least 85% of the initial reference price, a pre-tax monthly return of 0.51% (annual 6.12%) will be paid. If the evaluation price is below 85% of the initial reference price on the monthly income evaluation date, no monthly income will be paid.

Additionally, an early redemption opportunity is provided every 6 months. If the closing price of the underlying asset on the automatic early redemption evaluation date is 102% or higher, the principal will be paid and the bond will be redeemed early.

Even if the maturity evaluation price of the underlying asset is below 102% on the maturity evaluation date, the principal will be paid. However, principal loss may occur in case of early redemption.

The minimum subscription amount for this product is 1,000,000 KRW, and subscriptions can be made in units of 100,000 KRW.

An event is currently underway where customers who subscribe to monthly income ELBs of 10,000,000 KRW or more will receive up to 50,000 KRW in Kyobo Securities financial investment gift certificates. For more details, please check the Kyobo Securities website and the mobile trading system (MTS) 'Win.K'.

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