Investing in Government Bonds via Retirement Pensions Sees Strong Response in First Subscription

Starting this month, it has become possible to invest in individual government bonds using retirement pension accounts.

A large amount of capital flowed in right from the first subscription period.

According to the financial investment industry, 143.5 billion won was invested through retirement pension accounts such as Defined Contribution (DC) plans and Individual Retirement Pensions (IRPs) during the subscription period held from September 9 to 15, marking a successful debut.

When including general subscriptions, the total surpassed the scheduled issuance amount of 230 billion won for the entire month of September.

The individual government bonds currently available for purchase through retirement pensions are 10-year and 20-year maturities.

Investors who hold the bonds until maturity can receive interest calculated by adding a preferential rate to the coupon rate on a compound interest basis, but early redemption does not apply the preferential rate or compound interest benefits.
※ Please note: This article was translated by AI and may contain errors.