NH Investment & Securities Launches Real-Time Payment Service for US Treasury Bond Sellers
NH Investment & Securities announced on the 2nd that it will launch the industry's first real-time payment service for U.S. Treasury bond sale proceeds.
Previously, customers had to wait two days to receive funds after selling U.S. Treasury bonds, but with the introduction of this service, they can now receive payments immediately in either dollars or Korean won. This allows customers to quickly switch to other products such as overseas stocks or Korean won bonds right after selling U.S. Treasury bonds, maximizing investment opportunities. Additionally, they can secure sale profits immediately, avoiding exposure to exchange rate fluctuation risks.
Along with the launch of this service, NH Investment & Securities has completely revamped its Mobile Trading System (MTS). A simulated investment calculator function was added to automatically calculate profits and losses based on interest rate changes, and search and filter functions were enhanced to improve customer convenience. Moreover, bond market condition content and interest rate charts were added to assist investment decision-making. To meet the demand of customers who want to make small, split purchases, the basic trading unit for long-term bonds with a remaining maturity of over 30 years was adjusted from the previous $500 to $100.
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Jeon Dong-hyun, Head of Product Solutions at NH Investment & Securities, said, "With increased market volatility due to the U.S. presidential election and the entry into an interest rate cut cycle, the importance of trading is growing. Through the nation's first real-time payment system for U.S. Treasury bond sale proceeds, individual customers can flexibly respond to the market, maximizing investment returns while minimizing risks. We expect to grow as the number one player in U.S. Treasury bond trading."
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