Kyobo Securities, KOSPI200 Underlying Asset Annual 4.9% ELB Public Offering
Kyobo Securities announced on the 19th that it will offer one type of High Five principal-protected equity-linked bond (ELB) through a public offering until the 24th.
ELB Series 388 is a 3-year principal-protected product based on the KOSPI200 index as the underlying asset. Early redemption opportunities are provided every six months, and if conditions are met, it offers a pre-tax annual return of 4.9%. If the underlying asset price on the automatic early redemption evaluation date or maturity redemption evaluation date is 100% or more of the initial reference price, a 4.9% annual return is paid.
Additionally, if the maturity evaluation price of the underlying asset on the maturity redemption evaluation date is less than 100% of the initial reference price, the principal will be paid, but 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.
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Subscriptions and detailed information can be found on the Kyobo Securities website and the mobile trading system (MTS) 'Win.K'.
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