Government Bonds for Individual Investors Launching in June... Purchasable from 100,000 to 100 Million Won

Ministry of Economy and Finance Initiates Selection Process for Sales Agency

Starting from the first half of this year, government bonds for individual investors that the public can easily invest in will be launched.

On the 19th, the Ministry of Economy and Finance announced that it has completed the revision of related laws, including the Enforcement Decree and Enforcement Rules of the Government Bond Act, and has begun the process of selecting sales agencies.

Government bonds for individual investors are savings-type government bonds limited to individual purchasers, with the legal basis established through the amendment of the Government Bond Act in April last year.

Sales agencies for individual investor government bonds will be selected through a public bidding process among government bond specialist dealers licensed as investment intermediaries. After the sales agency is selected, a sales agency system for individual investor government bonds will be established, and issuance is scheduled to begin by June this year.

The government plans to issue a total of 1 trillion KRW worth of government bonds for individual investors this year.

Individual investors wishing to purchase can apply by visiting the sales agency or opening a dedicated account online.

They can choose between 10-year and 20-year bonds and purchase from a minimum of 100,000 KRW up to 100 million KRW annually.

If held until maturity, interest calculated with compound interest annually on the nominal interest rate plus additional interest will be paid in a lump sum on the maturity date. Interest income is subject to separate taxation at 14% (with a total limit of 200 million KRW based on purchase amount). Early redemption is also possible starting one year after purchase.

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