Hanyang Securities Launches 2nd Special Sale RP... Preferential Interest Rate Up to 3.4% Per Annum

Total Value of 50 Billion Won
Sales End When Cap Is Reached

On May 20, Hanyang Securities announced the launch of its "2nd Special Sale Repurchase Agreement (RP)" product, totaling 50 billion won, which offers a preferential interest rate of up to 3.4% per annum.

This product has been designed so that, in addition to new customers, existing customers who have not traded RPs with Hanyang Securities in the past year can also enjoy the same preferential interest rates. An RP is a product in which a securities company pays a pre-agreed rate of return at maturity, secured by high-quality bonds held by the company.

The preferential annual interest rates by contract period, before tax, are as follows: ▲ 3.2% for 28–90 days ▲ 3.3% for 91–181 days ▲ 3.4% for 182–365 days. In the case of early redemption, an early redemption rate of 1.75% per annum (before tax) applies. Hanyang Securities has subdivided the contract periods to broaden the range of choices for customers to match their various fund management plans.

The product will be available for sale until December. However, sales may end early if the sales cap is reached. Subscriptions are available by visiting one of four retail branches: Yeouido PWM Center, Songpa RM Center, Ansan Premier Center, and Incheon Premier Center. The subscription limit is up to 1 billion won per individual and up to 5 billion won per corporation.

A representative from Hanyang Securities stated, "This 2nd Special Sale RP product has been designed to actively reflect customers' diverse short-term fund management needs by applying differentiated rates depending on the contract period," adding, "We will continue to expand our lineup of competitive investment products that meet our customers' needs."

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