Kyobo Securities Offers Monthly-Paying ELB Based on Samsung Electronics and SK hynix

Kyobo Securities announced on July 13 that it will be offering a single type of equity-linked bond (ELB) until July 16, with common shares of Samsung Electronics and SK hynix as the underlying assets.

The ELB 441st offering is a three-year Hi-five principal-protected product that pays monthly.

If, on each monthly return evaluation date, the monthly return evaluation price of all underlying assets is at least 65% of their initial reference price, a pre-tax monthly yield of 0.8375% (annualized 10.05%) will be paid. However, if the price of any one underlying asset falls below 65% of its initial reference price as of the evaluation date, no yield will be paid for that month.

This product offers an early redemption opportunity every six months. If, on the automatic early redemption evaluation date, the price of all underlying assets is at least 85% of their initial reference price, the principal is paid and the product is redeemed early.

Even if the maturity evaluation price of the underlying assets falls below 85% on the maturity evaluation date, the principal will still be repaid; however, principal loss may occur in the case of early redemption.

The minimum subscription amount is KRW 1,000,000, with additional subscriptions available in KRW 100,000 increments. The ELB is not covered by deposit insurance, and the promised yield may not be paid depending on the price fluctuations of the underlying assets. In addition, when requesting early redemption, there is a possibility of principal loss, and the credit risk of the issuer should also be considered. According to Korea Ratings·KR, Kyobo Securities holds a credit rating of AA- as of July 13, 2026.

This content was produced with the assistance of AI translation services.