DB Securities Issuance of 132nd DLB (Low Risk) - KRW 10bn, Linked to 3-Month Gov't Bond, Principal Protected
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DB Securities to issue 'DB Dream Big 132nd DLB Grade 5 (Low Risk)' on May 14, 2026: total KRW 10bn (10,000 won per bond, 1mn bonds).
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Underlying: 3-month government bond rate (KOFIA), maturity Nov 13, 2026 (6 months), principal guaranteed.
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Returns: If underlying >=10% at maturity, annual 3.11%; else annual 3.10% (pre-tax). Effectively guaranteed 3.10% annual.
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Issuer rating: A+ stable (by NICE, KIB, KIS). Unsecured, unsubordinated, not covered by deposit insurance.
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Early redemption possible at issuer's valuation (≥90% fair value), may incur loss; unlisted, low liquidity.
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Shelf issuance: KRW 1.4tn authorized, KRW 20.4bn issued as of now, remained KRW 1.196tn; this issue KRW 10bn.
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Proceeds used for hedging and investment in underlying and derivatives.
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Mandatory addition: No shareholder return policy disclosed; no BIS ratio or other financial soundness indicators provided.
KOSPI Filing Information
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Filing: Additional Documents for Shelf Registration (Other Derivative-Linked Bonds)
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Company: DB Securities (016610)
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Submission: DB Securities Co.,Ltd
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Receipt: 05-07-2026