Mirae Asset Securities Issues 15 Billion Won ELB Linked to KOSPI200 and Samsung Electronics: Low-Risk Product for Retirement Pension Accounts
Mirae Asset Securities will issue the 3993rd derivative-linked bond worth 15 billion won on June 12, 2026, with underlying assets of KOSPI200 index and Samsung Electronics common stock and a maturity of approximately 546 days until December 10, 2027.
This bond is available only for retirement pension accounts and is not listed on an exchange, limiting liquidity. The issuer has a robust AA credit rating but the product is not protected by the depositor protection act.
Proceeds will be used for hedging the underlying assets and investing in financial instruments. The product is classified as low risk grade 5.
The issuer's credit rating stands at AA from NICE, KIS, and Korea Ratings, indicating strong financial soundness.
[AI Summary]Mirae Asset Securities small-scale ELB issuance raises funds without equity dilution but offers a limited annual return of around 4%. While the issuer is high-grade AA, the unlisted structure and potential for principal loss upon early redemption make it suitable for retirement pension investors seeking stable but modest returns.