Meritz Securities Launches Fast and Easy Short-Term Bond Investment Service ‘Bond365’

Meritz Securities (CEO Choi Hee-moon) announced on the 23rd that it has expanded and revamped its short-term bond investment menu ‘M PICK’ into ‘Bond365,’ adding six carefully selected asset-backed short-term bonds to the existing four Meritz Securities short-term bonds for sale.

The newly added products are short-term bonds with enhanced credit from Mirae Asset Securities, Korea Investment & Securities, and Hi Investment & Securities, offering interest rates ranging from 3.94% up to 4.48%. Short-term bonds refer to bonds with a maturity of less than one year that are issued and traded electronically without issuing physical paper certificates. Although the minimum subscription amount is 100 million KRW, they offer the advantage of high fixed interest rates and short maturities within three months, making them suitable for short-term management of surplus funds.

The existing four Meritz Securities short-term bonds are issued based on Meritz Securities’ credit as the underlying asset, with maturities selectable from as short as 7 days to 1 month, 2 months, and 3 months. The yields for each product are 3.60% per annum for the 7-day bond, 3.70% per annum for the 1-month bond, 3.75% per annum for the 2-month bond, and 3.80% per annum for the 3-month bond, and these are exclusively sold by Meritz Securities.

‘Bond365’ enhances convenience by allowing customers to easily check the short-term bond lineup and invest directly from the main screen, unlike the previous inconvenient method where customers had to find products themselves. Through the simulation function, customers can check the expected maturity yield before purchasing a product, and after subscription, they can easily view their product holdings and order history.

Meritz Securities’ ‘Bond365’ products are available for transactions starting from 100 million KRW and can be purchased at a discounted price equivalent to the interest amount. For example, if the investment amount is 100 million KRW and the expected maturity interest is 1 million KRW, the product can be purchased at a discounted price of 99 million KRW in the form of prepaid interest. Upon maturity, the principal amount of 100 million KRW including interest is repaid, and the final amount is settled after tax deduction. Going forward, various asset-backed short-term bonds with credit enhancement from major financial institutions will be continuously added.

A company representative stated, “‘Bond365’ will regularly provide bonds suitable for short-term fund investment, offering customers diverse investment opportunities,” and added, “We will continue to expand Meritz’s differentiated products and service benefits.”

Meanwhile, since May, Meritz Securities has simplified the non-face-to-face account opening process for customer convenience. Unnecessary steps such as account opening methods, online transfer limit settings, and margin rate settings have been reduced, and the detailed pages have been intuitively reorganized. Additionally, at the initial stage of account opening, customers can choose between a Digital Finance Center managed account operated without a manager and a branch-managed account where they can receive consultation and asset management from professional PBs. Accounts can be opened according to investment preferences and purposes via the mobile app ‘MeritzSMART.’ By selecting the Digital Finance Center as the managing branch, customers can experience daily compound interest and low commission services through Meritz Securities’ non-face-to-face exclusive comprehensive investment account, the Super365 account.

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