Search results for issued notes
Finance
Investors eye interest-bearing products as Korean stock market languishes
South Korea\'s stock market remains sluggish while market interest rates stay high, drawing investor attention to interest-bearing products such as brokerage-issued notes, repurchase agreements, government bonds and money market funds. Experts say the environment allows investors to secure interest income, but stress that choosing products should start with when the money will be needed. Product features, early redemption terms, credit risks and tax benefits vary, requiring careful checks of conditions and liquidity.
Finance
Toss Bank adds Kiwoom Securities issued notes to lump-sum management service; cumulative total tops 30 trillion won
Toss Bank added Kiwoom Securities’ issued notes to its asset management service “Mokdon Guligi,” it said on Thursday. The service’s cumulative linked sales recently exceeded 30 trillion won. The newly added products include a demand type and a fixed-term type with four maturities. Returns and conditions vary by product type and holding period, and the rates are subject to change with market interest rates.
Finance
Korea Investment Securities launches installment issued note service in KakaoBank app
Korea Investment Securities introduced an installment-based issued note service in the KakaoBank app. The service allows customers with a KakaoBank partner account to automatically invest in issued note products on predetermined dates via the app. The investment period is 1 year and it offers a pre-tax annual yield of 4.35 percent as of June 15. Monthly contributions range from 100,000 won to 10 million won.