Shinhan Investment Securities said on Feb. 10 that 50 billion won worth of the special sales product for its "Shinhan Premier issuance note," first launched on Feb. 9, sold out in a day and a half.

The product is a note issued directly by Shinhan Investment Securities with a maturity of less than 1 year, paying principal and interest according to an agreed yield.

Shinhan Investment Securities rolled out on-demand, fixed-term and special sales products, highlighting competitive interest rate levels.

The on-demand type carried a pre-tax annual rate of 2.50 percent, the fixed-term type applied pre-tax annual rates of 2.30 percent to 3.30 percent depending on the term, and the special sales type applied pre-tax annual rates of 3.80 percent to 4.00 percent depending on conditions.

The special sales product, sold with a limit of 20 billion won for customers in their 20s and 30s, carried a pre-tax annual rate of 4.0 percent.

Shinhan Investment Securities plans to actively practice productive finance by investing 35 percent of funds raised in venture capital from the first year of the issuance note launch.

Seon-hoon Lee (이선훈), CEO of Shinhan Investment Securities, said, "I will remember the passion of customers who joined Shinhan Investment Securities in the productive finance we are planning," and added, "Through the Shinhan Financial Group network and investment know-how accumulated over many years, we will carry out venture capital investments accompanied by investor protection and risk management."