Korea Investment & Securities Launches Toss Bank Overseas Bond Trading Service

Korea Investment & Securities, a subsidiary of Korea Financial Group, announced on the 4th that it will provide overseas bond trading services through the Toss Bank mobile app.

The 'Mokdon Gulli-gi' service, offered through a partnership between the two companies, has added overseas bond inquiry and trading functions following the existing issuance notes and domestic bonds. The tradable products through the service include three types of U.S. Treasury bonds: 5-month maturity (pre-tax yield of 5.82% as of the 4th), 11-month maturity (5.42%), and 26-year maturity (5.91%). The lineup of available products will continue to expand.

The minimum subscription amount required for overseas bond investment starts from $100. All necessary services for overseas bond trading, from opening a Korea Investment & Securities securities account within the Toss Bank app to foreign currency exchange, are established, allowing anyone to easily subscribe. A 90% preferential exchange rate benefit is also available when exchanging foreign currency.

The bond subscription hours are extended by 30 minutes compared to other channels, from 10:00 AM to 3:30 PM. Previously, Korea Investment & Securities made the issuance note trading service through Toss Bank available 24/7, 365 days a year.

Park Jaehyun, Head of the Individual Customer Group, said, "We expect that the asset portfolios of individual investors, which have been concentrated in Korean won assets and vulnerable to global economic fluctuations, will be further diversified through this service," adding, "We will continue to introduce services to expand the investor base and enhance convenience."

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