Mirae Asset Securities Launches KRW Bond Online Special Rate Promotion

Mirae Asset Securities announced on October 20 that it is launching the "KRW Bond Online Special Rate Promotion," which offers special preferential interest rates on short-term government and public bonds.

The products eligible for this event are government and public bonds with a remaining maturity of 3 to 5 months. These are particularly suitable for short-term investment, and individual customers can benefit from tax exemption on capital gains.

Through this promotion, investors can receive interest rates approximately 1.00% to 1.20% higher (pre-tax, annual, same for individuals and corporations) than the purchase rates of the same bonds under normal circumstances. In terms of bank-equivalent yield, this translates to about 3.60% to 3.75% per annum (pre-tax, based on a 15.4% individual tax rate). The total amount available is 28 billion won (face value basis). The daily sales limit is approximately 1 billion won (face value basis), and the bonds are sold exclusively online. The event will end once the limit is reached. Both individual and corporate customers are eligible to purchase.

The eligible bonds and purchase rates for the event can be checked daily at 10 a.m. through the "Products > Bonds > Find OTC Bonds" menu on Mirae Asset Securities' mobile trading system, M-STOCK. However, since the price of KRW-denominated government and public bonds fluctuates daily according to market interest rates, the yield to maturity may vary depending on the time of purchase. There is a possibility of principal loss in the case of early redemption.

A representative from Mirae Asset Securities stated, "Government and public bonds are issued by the government and public institutions, making them highly creditworthy. They are a good investment alternative for investors seeking balanced asset allocation while preparing for market uncertainties," adding, "We will continue to introduce competitive products that contribute to our customers' successful asset management."

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