NH Investment & Securities issues KRW 12bn ELB series 2778 (issue price KRW 10,000, 1,200,000 securities, subscription period 2/13).
Principal-protected (grade 5, low risk) with max annual return of 3.201% (if both Samsung Elec & KEPCO close at or above 300% of initial), otherwise 3.200%.
Underlying assets: Samsung Electronics common stock, KEPCO common stock (listed on KRX). Maturity 364 days, no autocall.
Subscription limited to retirement pension funds. Issuance may be cancelled if total subscriptions < KRW 1bn.
Issuer credit rating AA+ (Korea Ratings), not covered by deposit insurance.