Retail government bonds for individual investors 6month 2,000hundred-million-won units issued, 20-year yield 162.6%

The Ministry of Economy and Finance said it would issue a total of 2,000hundred-million-won units of retail government bonds for individual investors. Subscriptions will be held next month. Separate early redemption requirements apply to some products.

By bond type, 3-year coupon bonds worth 30hundred-million-won units and compound-interest bonds worth 70hundred-million-won units are included. 3-year bonds are offered in both coupon and compound-interest formats. 3No additional interest rate is applied to the -year bonds.

5-year bonds will be issued in the amount of 600hundred-million-won units. 10-year bonds amount to 1,000hundred-million-won units. Both bonds carry a coupon rate equal to the auction yield on government bonds with the same maturity.

20The year bonds 300are issued in an amount of billion won. The pre-tax yield quoted for holding the same issue to maturity was 162.6%. The coupon rate and spread are announced separately.

The coupon rates were announced at 5% for the year bonds and 3.940% for the 10year bonds and 4.295%. The Ministry of Economy and Finance said it applies the auction yield of government bonds with the same maturity last month as the coupon rate.

20The coupon rate for the year bonds 4.145was %. The Ministry of Economy and Finance announced that it would adjust the spread to add 5to the year bonds, 0.1%.

10The year bonds carry a spread of 0.5%, while 20year bonds carry a spread of 0.8%. 3year bonds are not assigned a spread.

The subscription period runs from 10of next month through 16. Individual investors can apply through Mirae Asset Securities branches, its website, and mobile app. Early redemption is available for products held for 1years from the issue date, but some benefits do not apply.