Hanyang Securities Launches First-Ever Special RP Product Since Founding...Strengthening Retail Business

28-Day Maturity with 3.5% Annual Interest Rate

Hanyang Securities announced on the 16th that it will launch a special repurchase agreement (RP) product for the first time since its establishment. This special RP is an investment product designed to meet short-term fund management needs and is part of the company’s efforts to strengthen its retail business.

The product comes with a maturity of 28 days and offers a fixed annual interest rate of 3.5% (pre-tax). In the event of early redemption, the interest rate is 1.75% per annum (pre-tax). The investment limit is up to 100 million won per individual and up to 1 billion won per corporation. Sales will be conducted for about one month starting today, with a total sales cap of 50 billion won. If the cap is reached, sales will end early.

Lee Jeonghee, Head of the Multi-Business Division at Hanyang Securities, stated, "This special RP product was launched to address customers’ short-term fund management needs," adding, "We will continue to broaden our customers’ investment options through a diverse lineup of financial products."

Customers can subscribe to the product by visiting one of Hanyang Securities’ four retail branches (Yeouido PWM Center, Songpa RM Center, Ansan Premier Center, and Incheon Premier Center). Hanyang Securities also plans to expand sales to non-face-to-face channels in the future.

RP is a product that guarantees an agreed yield at maturity, using high-quality bonds held by Hanyang Securities as collateral. However, unlike bank deposits, RPs are not protected under the Depositor Protection Act, and the company emphasized that there is a risk of principal loss.

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