The three-year note offers a potential income of 0.55% per month.
Kyobo Securities has launched ELB 444 in South Korea. The product features a semi-annual autocall mechanism The three-year autocallable note is linked to the Kospi 200 index. It offers 100% capital protection and pays a fixed digital coupon of 0.55% per month (6.6% per annum), provided the underlying remains at or above 65% of its initial level on the monthly observation date. The product features a semi-annual autocall mechanism. It redeems early if the Kospi 200 closes at or above 75% of