Hanyang Securities Launches 8% Special RP…Limited to First 1,000 Accounts
Hanyang Securities announced on July 22 that it will begin selling the "3rd Special RP (Repurchase Agreement) Fixed-Term Product," which offers an annual pre-tax interest rate of 8.0%.
This special RP product is available for purchase through the Hanyang Securities MTS application by both existing and new customers. The sales period runs from July 22 to August 31, but may close early if the 1,000-account limit is reached.
Customers can choose a contract term ranging from 28 to 91 days. The interest rate offered during the sale is 8.0% per annum (pre-tax). The purchase limit per customer is KRW 5 million, and in case of early redemption, an annual pre-tax interest rate of 2.0% will be applied. This special RP is limited to a one-time purchase of up to KRW 5 million per customer for their first transaction.
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A representative from Hanyang Securities stated, "This special RP has been designed to offer our customers a competitive investment opportunity and to increase the use of the MTS platform," adding, "We will continue to introduce a variety of financial products and services that reflect our customers' investment needs going forward."
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