KB Securities Sells Two Types of Regular Public Offering ELBs and ISA-Exclusive Special ELBs
KB Securities announced on the 1st that it will sell two types of regularly offered equity-linked bonds (ELB) and one special ELB for customers subscribing to the brokerage-type Individual Savings Account (ISA) (6-month maturity, pre-tax annual return of 5.0% upon meeting conditions).
The regularly offered and ISA-exclusive special ELB products available for sale this time can be subscribed to by individual general investors, corporations, and professional investors until 2 PM on the 8th (based on business hours at branches).
'KB able ELB No. 178' (1-index Ultra High Five type) is based on the KOSPI 200 index, has a 3-year maturity, offers early redemption opportunities every 6 months, and provides a maximum pre-tax annual return of 6.1% if conditions are met; if conditions are not met, the principal is paid.
'KB able ELB No. 179' (1-index reference decline type) is based on the S&P 500 index, has a 1-year maturity, offers a maximum pre-tax annual return of 20.0% if conditions are met; if conditions are not met, the principal is paid.
The ISA-exclusive special ELB, 'KB able ELB No. 180' (1-stock digital rise type), is based on Samsung Electronics common stock, has a 6-month maturity, and offers a pre-tax annual return ranging from a minimum of 5.0% to a maximum of 5.01% if conditions are met.
The ISA-exclusive special ELB product can only be subscribed to through KB Securities' brokerage-type ISA account, will be conducted in a total of six rounds with a limit of 10 billion KRW, and this is the second subscription round. Subscriptions start from a minimum of 1 million KRW in increments of 100,000 KRW. If the subscription rate is high, allocation will be proportionally distributed based on each investor's subscription amount, and any remaining amount after allocation will be refunded on the subscription closing date. In the first round, approximately 19.29 billion KRW in subscription funds were received for a 10 billion KRW target, resulting in proportional allocation.
When subscribing to ELB through the brokerage-type ISA, holding the investment for more than 3 years provides a tax exemption benefit of up to 4 million KRW (for the low-income type), and a separate tax rate of 9.9% applies to amounts exceeding this, thereby increasing the effective yield.
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A KB Securities official stated, "Through this ELB offering, investors can enjoy relatively high dividend income along with stable asset management," adding, "It will also be a good alternative for managing refund funds of major IPO investors scheduled for the second half of the year."
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