Kiwoom Securities Issues KRW 10 Billion Series 263 Principal-Guaranteed DLB (Linked to 3-Month Treasury Rate)
Kiwoom Securities publicly offers Series 263 derivative-linked bonds (DLB) worth KRW 10 billion (10,000 won per security, total 1 million securities).
The securities are principal-guaranteed (Grade 5, low risk), linked to the 3-month Korean Treasury bond rate, maturing on May 31, 2027 (approximately 1 year).
Maturity yields: 3.50% p.a. (pre-tax) if the 3-month Treasury rate is 8% or below, otherwise 3.49% p.a..
The securities are unlisted; early redemption upon investor request is possible at 95% or more of fair value (90% or more within 6 months after issuance), with potential principal loss.
Issuer credit rating is AA (by Korea Ratings, NICE, and KIS) and the bonds are not covered by depositor protection.
Proceeds will be used for hedging and investment in financial products.
KOSPI Filing Information
Filing: Additional Documents for Shelf Registration (Other Derivative-Linked Bonds)