Korea Investment & Securities Launches Special BanKIS RP Product... 24-Hour Trading Available

Korea Investment & Securities announced on June 25 that it will offer a special repurchase agreement (RP) product exclusively for BanKIS, its online-only service, to customers until August 31.

This special RP product has a maturity of 31 days and offers a pre-tax annual yield of 3.0%. Subscriptions are available up to a total limit of 100 billion KRW, with a maximum of 1 billion KRW per individual. Customers can subscribe without any additional requirements as long as they have a BanKIS-exclusive RP-CMA account, and the product features real-time trading available 24 hours a day, 365 days a year.

Koo Bonjeong, Head of eBiz Division at Korea Investment & Securities, stated, "We have introduced 24-hour RP trading services to enhance customer convenience and asset growth opportunities," adding, "We will continue to provide a variety of products and differentiated services going forward."

The special product can be subscribed to through the 'Hantoo' mobile application.

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