Korea Securities Depository Holds Commemorative Event for the Launch of Retirement Pension-Type Individual Investor National Bond System

The Korea Securities Depository held a commemorative event for the launch and system opening of the retirement pension-type national bond investment system for individual investors.

On the 27th, Dohyun Kim, Executive Director of Korea Investment & Securities (from the left), Jinseong Go, Standing Director of the Korea Securities Depository, Hyoseon Jang, Managing Director of Samsung Securities, Soonok Hong, Vice President of NH Nonghyup Financial Group, Youngsoon Cho, Vice President of Hana Bank, Yunsu Lee, President of the Korea Securities Depository, Jang Heo, 2nd Vice Minister of the Ministry of Finance and Economy, Myeongseok Seo, Policy Director of Labor Standards at the Ministry of Employment and Labor, Sunho Heo, CEO of Mirae Asset Securities, Hwan Jeong, Managing Director of NH Investment & Securities, Sangeun Song, Executive Director of KB Securities, Jaegyu Lee, Vice President of Shinhan Bank, Minsu Kim, Executive Director of the Korea Securities Depository, and Seungcheol Heo, Treasury Policy Director of the Ministry of Finance and Economy, are taking a commemorative photo at the event for the implementation and system opening of the Retirement Pension-Type National Bond Individual Investor System. Depository

According to the Korea Securities Depository on the 27th, the retirement pension-type national bond investment system allows individuals to directly invest in national bonds (10-year and 20-year maturities) through their retirement pension accounts (DC, IRP). This system is scheduled to be implemented next month.

The Korea Securities Depository, designated as the processing institution for individual investor national bonds under the National Finance Act, began building the necessary infrastructure following the confirmation of the system’s introduction at the end of last year. It has established an integrated work system that manages the entire process, from issuance of retirement pension-type national bonds to principal and interest repayment, and even cancellation.

In particular, the Korea Securities Depository will now newly undertake the work of aggregating all subscription applications received from multiple retirement pension providers and allocating them to each customer account on an individual basis. This ensures that it can provide fair and transparent allocation results to the public based on consistent standards.

Heo Jang, the 2nd Vice Minister of the Ministry of Finance and Economy, stated, "The retirement pension-type national bond investment system holds significant meaning for both the public’s retirement and the national bond market." He added, "With the introduction of this system, individual investors will have broader options for managing their retirement pensions, leading to both greater asset stability and profitability for the public, while also expanding the base of national bond demand."

Lee Yoonsoo, President of the Korea Securities Depository, commented, "By connecting networks with multiple retirement pension providers, we have established an infrastructure that allows individuals to easily invest in national bonds through their DC or IRP accounts. We are also proud that this has strengthened our position as a core capital market infrastructure institution, able to provide fair and transparent allocation results to the public." He continued, "We will continue our efforts so that the retirement pension-type national bond investment system, created through the joint work of two ministries and many market participants, can be smoothly integrated into the asset portfolios of the public."

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