Seoul: The finance ministry announced plans to issue 160 billion won (US$104 million) in government bonds for individual investors next month. This initiative is part of the ministry's strategy to offer 2 trillion won in government bonds to retail investors over the course of this year.
According to Yonhap News Agency, the ministry's move follows last year's sale of 1.2 trillion won in Treasurys to retail investors. The plan involves the introduction of new three-year bonds in April, catering to the increasing demand for short-term investment options among individual investors.
Ministry officials stated that the sale aims to alleviate the holding burden on investors while also providing diversified investment opportunities. This approach is expected to attract more retail investors by offering them a viable alternative to long-term investment commitments.