[Korea goyounghun financial newspaper reporter] KB Securities today announced the release of three days' KB able Sell-Buy foreign trust "products to take advantage of the FX swap premium. This product is a product suitable for the needs of the customer in pursuit of higher returns through the FX swap premium rate of foreign assets to trusts that are foreign goods through the hwanhetji fixed rate of return.
KB Securities has launched the larger interest of foreign investors to the commodity brokerage series. In a February 13 launched the 'KB able Matching foreign trusts' 'KB able Dollar MMT' duration and customized products, a bar cumulative foreign currency sutakaek 7 days after the launch broke through the $ 200 million.
According to the Bank of Korea it has gotta deposited in (dollars 53.36 billion months) each domestic banks to the end of January, a resident foreign currency deposits of $ 64.65 billion in 2017 and foreign bank branches (dollars 11.28 billion months), $ 53.9 billion of its trade price the dollar deposits for companies to hedge the exchange risk and the like.
'KB able Sell-Buy foreign trust "is not a protected deposit depositors in accordance with the Act, since this may result in loss of all or part of the principal should be a prudent investment decision after hearing a full explanation beforehand. March 3 is the amount of the item can be a subscription and minimum subscription is from 500 million, shares subscription target professional investors and subsidiaries.
Gimdonggi Pension Trust Division is " 'KB able Currency Sell-Buy Trust' may be for corporate and individual customers who operate dollar funds at low interest rates on existing commodities with rates competitive alternatives," he said "to meet the needs of future customers, It said it will be more diverse and creative products ready. "
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