DB Securities Launches 10 Billion KRW 89th ELB Linked to KOSPI200 with Principal Guarantee but No Deposit Insurance


  • DB Securities confirmed the issuance of its 89th Dream Big Equity-Linked Bond ELB through a supplementary shelf registration statement on July 9, 2026.
  • The total offering amount is 10 billion KRW, with the underlying asset being the KOSPI200 index, maturity on July 16, 2027, and risk grade 5 low risk.
  • The issuer DB Securities has a credit rating of A+ stable, which is investment grade, and the proceeds will be used for hedging activities and financial investments.
  • This product is not protected by the Depositor Protection Act, and early redemption before maturity may result in principal loss, so investors should exercise caution.
  • [AI Summary]DB Securities' 89th ELB issuance is a neutral event in terms of capital dilution and capital allocation by a high-credit issuer A+ stable. The principal-guaranteed structure is offset by risks such as no deposit insurance and potential early redemption losses.

KOSPI Filing Information


  • Shelf Registration Supplementary Document (Derivative-Linked Bonds - Equity-Linked Derivative-Linked Bonds)
  • Company: DB Securities (016610)
  • Submission: DB Securities Co.,Ltd

  • Shares: 42,446,389
  • Price: 9,750 KRW
  • Market Cap: 413.9 B KRW