The Korea Exchange (KRX) said on the 30th that it held a ceremony to mark the 30th anniversary of the opening of the small-denomination bond market.

(From left) Shinyoung Securities, Shinhan Investment Corp., IBK Securities, Korea Exchange (KRX) Head of the Listed Market Division Deputy Director Jeong, Ministry of Land, Infrastructure and Transport Housing Fund Division Director Jeong Su-ho, BNK Investment & Securities, Kyobo Securities. /Courtesy of Korea Exchange (KRX)

At the ceremony held at the Fairmont Hotel in Yeouido, Seoul, officials involved in the issuance and distribution of small-denomination bonds, including the Ministry of Land, Infrastructure and Transport, the Capital Market Research Institute, and 23 dedicated small-denomination bond member firms, attended. A plaque of appreciation presentation, keynote presentations, and a panel discussion were held.

The event was organized to commemorate the 30th anniversary of the small-denomination bond market's opening and to explore directions for future development.

The small-denomination bond market was opened in 1995 for the transaction of bonds issued under the mandatory purchase (附加消化) method, including housing bonds, regional development bonds, and urban rail bonds.

Plaques of appreciation went to Shinhan Investment & Securities, IBK Securities, Shinyoung Securities, BNK Investment & Securities, and Kyobo Securities.

The Korea Exchange (KRX) said it will continue to pursue institutional improvements so it can contribute to the national economy and the development of the bond market through efficient and stable market management.

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