DB Securities Issues 2 Billion KRW DLB Series 137: Low-Risk Fixed-Rate Product for Funding and Hedging
DB Securities is issuing 2 billion KRW of DB Dream Big Series 137 DLB rated low risk 5th grade on June 19 2026. Each security has a face value of 10,000 KRW with a total of 200,000 securities and a one-year maturity until June 18 2027.
The underlying asset is the 3-month Korean Treasury bond rate. If the final valuation price is 10% or more above the initial strike, it pays 6.01% per annum pre-tax; otherwise 6.00%. The product does not guarantee principal and is not protected by the depositor protection act.
Proceeds will be used for hedging transactions and investment in financial products to ensure stable repayment under the issuance terms. DB Securities holds a credit rating of A+ stable from NICE KIS and Korea Ratings indicating sound creditworthiness.
This DLB is unlisted and may incur principal loss upon early redemption before maturity. There is also default risk if the issuer's financial condition deteriorates. No shareholder return activities such as share buybacks or dividends are associated with this issuance.
[AI Summary]The 2 billion KRW DLB issuance by DB Securities is a small-scale funding for hedging and operational purposes with limited impact on shareholder value. The A+ stable credit rating supports repayment capacity but the unlisted structure and unfavorable early redemption terms are key risks for investors.