Hanwha Investment & Securities said on the 15th that it launched "Hanwha Smart ON equity-linked bond (ELB) No. 79," which can be subscribed to at Toss Bank.
"Hanwha Smart ON ELB No. 79" uses Samsung Electronics as the underlying asset and is a principal-protected product in which revenue is determined by the stock price level at maturity.
If Samsung Electronics' stock price is less than 200% of the reference price on the maturity evaluation date, it pays pre-tax annual revenue of 3.50%, and if it is 200% or more, it pays pre-tax annual revenue of 3.51%.
In particular, regardless of the volatility of the underlying asset, it provides fixed revenue without principal loss, and it is suitable for investors looking to manage short-term funds over a short maturity of three months.
The product can be subscribed to through the Toss Bank app from 9 a.m. on the 15th to 3 p.m. on the 19th. The total planned offering is 10 billion won, and there is no separate limit on the investment amount per individual.
Park Gi-tae, head of derivatives strategy at Hanwha Investment & Securities, said, "We are planning various principal-protected products for customers seeking stable investment products," and added, "We will continue to offer products suited to customer needs and market conditions."