Shinhan Investment Corp. Launches MTS Brazil Government Bond Selling Service

[Asia Economy Reporter Lee Jung-yoon] Shinhan Investment Corp. announced on the 13th that it will provide a Brazilian government bond selling service through its Mobile Trading System (MTS).

The Brazilian government bond selling service through Shinhan Investment Corp.'s MTS Shinhan Alpha application now supports selling as well as buying, which was previously only available through the app.

Previously, even if existing investors purchased Brazilian government bonds through the app, selling required visiting a branch or applying via phone. However, with the implementation of this service, investors can now sell Brazilian government bonds directly through the app.

Additionally, investors who wish to sell can choose the currency they want to receive after the bond sale among Korean won, US dollars, or Brazilian real. Therefore, if selling in real or dollars, customers can exchange the currency at their preferred timing even after the bond sale.

Meanwhile, Shinhan Investment Corp. continues to expand its online bond trading services. In 2019, it launched a service allowing trading of overseas dollar-denominated bonds, including US government bonds, in small amounts starting from $100 via mobile. Subsequently, it has sequentially opened trading systems for Brazilian bonds, short-term bonds, and contingent capital securities, enhancing investment convenience for individual investors.

This content was produced with the assistance of AI translation services.