DB Securities Issues 10 Billion Won Series 144 DLB, Principal-Protected Low-Risk Product Linked to Treasury Bond Rate, No Shareholder Dilution


  • DB Securities will issue 10 billion KRW worth of DB Dream Big Series 144 DLB rated 5 low risk on July 10, 2026.
  • The underlying asset is the 3-month Treasury bond rate with a maturity of October 12, 2026 94 days; it is a principal-protected structure offering a pre-tax yield of 3.71% per annum if the rate is 10% or above and 3.70% if below at maturity evaluation.
  • The issuer DB Securities maintains an A+ stable credit rating from three major agencies including NICE, and the raised funds will be used for hedging transactions and investment in financial products.
  • No shareholder return policy is disclosed; this is a debt financing without equity conversion so no dilution of existing shareholder value occurs.
  • Financial soundness indicators such as BIS ratio are not included in this filing.
  • [AI Summary]The issuance of DB Securities Series 144 DLB worth 10 billion won is a routine bond offering with no equity dilution; it is a low-risk principal-protected product with proceeds used for hedging and operational purposes, thus limited direct impact on shareholder value. The A+ stable credit rating mitigates issuer credit risk, but investors should note the lack of deposit insurance protection and illiquidity risk due to the unlisted nature.

KOSPI Filing Information


  • Additional Documents for Shelf Registration (Other Derivative-Linked Bonds)
  • Company: DB Securities (016610)
  • Submission: DB Securities Co.,Ltd

  • Shares: 42,446,389
  • Price: 9,360 KRW
  • Market Cap: 397.3 B KRW