[DigitalToday reporter Oh Sang-youp] Hana Securities introduced a special sale of a promissory note product offering fixed interest rates for new and inactive customers.
Hana Securities said on May 26 it launched the third special sale of “Hana THE Promissory Note,” offering a pre-tax annual yield of 3.6 percent.
The special sale is for new customers who opened accounts for the first time this year and for inactive customers. The product comes in two maturities, 180 days and 365 days, to match investors’ cash management plans.
The 180-day product offers a pre-tax annual interest rate of 3.3 percent. It is designed for demand to manage short-term surplus funds. The 365-day product offers a fixed pre-tax annual interest rate of 3.6 percent, which the company said is suitable for investors seeking to lock in rates more steadily.
The subscription amount ranges from a minimum of 1 million won to a maximum of 5 billion won. Hana Securities said it widened the range so both small investors and high-net-worth clients can subscribe.
With recent market volatility rising, demand is also growing among investors seeking stable returns. Hana Securities plans to offer asset management solutions tailored to customer investment demand through the fixed-rate special sale.
Kim Jung-hyun (김정현), head of the WM Sales Division at Hana Securities, said, “Recently, investment demand that considers both stability and liquidity is increasing.” He added, “We expect this product can be an alternative for investors considering how to manage short-term surplus funds.”