DB Securities Issues KRW 10 Billion Series 126 DLB: Principal-Protected Low-Risk Product, Funds for Hedging and Investment
On April 16, 2026, DB Securities announced the issuance of its Dream Big Series 126 Derivative-Linked Bond DLB 5th grade low risk product totaling KRW 10 billion.
The product is linked to the 3-month Korean Treasury bond rate and offers principal protection with a minimum repayment of 100.95% of face value at maturity, yielding 3.71% annualized if the rate is above 10% and 3.70% if below.
Subscription runs from April 20 to April 24, 2026, with a minimum subscription of KRW 10 million and maximum of KRW 100 million. The issuer DB Securities has a credit rating of A+ stable.
Net proceeds of approximately KRW 9.9995 billion after issuance costs of KRW 500,000 will be used for hedging and investment in underlying assets and derivatives.
The bonds are unlisted and not protected by the Depositor Protection Act. Early redemption may result in principal loss.
[AI Summary]DB Securities' KRW 10 billion DLB issuance represents debt financing with no equity dilution, thus limited impact on shareholder value. The principal-protected low-risk product offers stable returns but investors should note liquidity risk and issuer credit risk.