[Korea financial newspaper goyounghun News] Samsung Securities (President yunyongam) the ELS if more underlying assets 15% within two months of declines after a set repayment structure is further dissolved to be changed safely care (knock-in care) the ELS 15434 per 16 days revealed that sales to the extent of 15 to 10 billion won.
ELS 15434 times melted care is basically Korea (KOSPI200), Hong Kong (HSI), Japan is the product of a step-down (Nikkei225) index as an underlying asset. A three-year both indices every six months, 95% (6 months) in the first base price, more than 90% if the (12, 18 months), 85% or more (24, 30, 36 months) and repayment to the pre-tax annual 6.2% dissolved barrier is 50%.
If you decline the underlying assets exceeds any of 15% within two months after setting gotta have melted care options apply, go down all the repayment conditions and the dissolved barrier more than 80% (6, 12, 18 months), more than 75% (24, If 30, 36 months) and repayment by 6.2% a year before tax, it dissolved the barrier is lowered to 40%.
Samsung Securities official explained that "within a short period of time after the index plunged join ELS City, gotta change the revenue structure products with improved profit potential repayment."
And Europe in the same period (EuroStoxx50), HSI, the underlying asset Nikkei225 index, also recruited ELS 15433 times Product of step-down structure to pursue a pre-tax annual 8.22%.
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