Shinhan Securities launches special-offer RP with a 4.0% annual pre-tax rate...capped at 10 million won per person

[Financial News] Shinhan Securities said on the 19th that it would launch a special-offer repurchase agreement (RP) offering an annual pre-tax rate of 4.0% on its mobile platform, Shinhan SuperSOL. The special-offer RP is available exclusively on Shinhan SuperSOL and can be purchased by customers with a Shinhan SOL LINK account. Total sales are capped at 10 billion won, and the maximum purchase amount is 10 million won per person. Sales may end early if the limit is reached.
The product is a 91-day term RP offering an annual pre-tax yield of 4.0%. The rate is as of the 19th, and the contracted yield also applies in the event of early termination.
Shinhan Securities is also holding a points giveaway to mark the product launch. Starting on the 19th, customers with a Shinhan SOL LINK account who enter the event will be entered into a draw, with 100 winners receiving 10,000 won in My Shinhan Points.
An additional 100 winners will be drawn from among event entrants who purchase at least 1 won worth of the special-offer RP, and each will receive 10,000 won in My Shinhan Points.
More information about the product and event is available on the Shinhan SuperSOL app and through the customer support center. Shinhan Securities advised customers to exercise caution when investing, noting that investment in financial products may result in a loss of principal depending on performance.

[email protected] Kang Jung-mo Reporter