12453rd Derivative Bond Issued at KRW 17.3 Billion…Only 17% of Planned KRW 99.3 Billion
Issuance result for Kyobo Securities 12453rd equity-linked derivative bond (low risk): Actual issuance KRW 1.73 billion (173,800 units) vs planned KRW 9.93 billion (1,000,000 units), shortfall of 82.6%, completed as partial payment
Product structure: Underlying KOSPI200, monthly coupon 0.39% (conditional: underlying >=75% on coupon dates), 5 auto-call opportunities (at 90% of initial), principal guaranteed at maturity (100% regardless)
Issuance cost KRW 86,290; proceeds used for hedging derivatives and underlying asset transactions