NH Investment & Securities said on the 26th that it will launch a special government bond offering with a total limit of 100 billion won to mark the Year of the Byeong-o.
The product offers a pre-tax annual interest rate in the mid-3.4% range. Maturity is Mar. 10 this year. Any individual customer at a branch can subscribe, with a per-person limit of up to 3 billion won.
Alongside the special bond sale, an event will be held to promote agricultural product consumption and practice win-win finance, in line with the government's inclusive, win-win finance policy.
Customers who purchase the product and hold it to maturity will receive a 10,000-won Onnuri gift certificate per 100 million won of purchase amount, up to 50,000 won. The gift certificates can be used at Onnuri-affiliated merchants, including traditional markets and alleyway shopping districts nationwide.
Since the price of won-denominated government bonds fluctuates daily with market interest rates, the yield to maturity may vary depending on the time of purchase, but the agreed yield can be received if held to maturity.
The government bonds can be purchased through NH Investment & Securities branches. The sales period runs until the 13th of next month. However, sales may end early if the limit is reached during the period.
Bae Gwang-su, head of the WM division at NH Investment & Securities, said, "These government bonds are highly creditworthy due to being issued by the government and are attractive investment products," and added, "We hope the use of the gift certificates provided by this event will help, even a little, to revitalize local economies."