Korea Investment & Securities, Toss Bank Linked 'Installment Accumulation of Issued Notes' Service

Korea Investment & Securities announced on the 5th that it has launched the ‘Installment Purchase of Commercial Paper’ service through the Toss Bank app (application).

Accordingly, commercial paper investment is now easily possible through the Toss Bank app. Customers can set their desired date and amount for automatic monthly transfers. Korea Investment & Securities explained that since the service opened on the 24th of last month, the special offer product sold out within three days, receiving great response.

The ‘First Commercial Paper Installment’ product offered through this service provides a yield of 4.55% per annum (before tax, as of March 5, 2025) at maturity, and allows installment investments ranging from a minimum of 100,000 KRW to a maximum of 10,000,000 KRW.

An event called ‘Receive Investment Support Funds’ will also be held for two months for customers using the service. A random amount ranging from a minimum of 2,000 KRW to a maximum of 10,000 KRW will be given. The prize money will be deposited into the Toss Bank account. However, each customer can participate only once.

Korea Investment & Securities added this installment commercial paper service following last year’s launch of the pension savings account ETF installment service with Toss Bank. Jaehyun Park, head of the Personal Customer Group at Korea Investment & Securities, said, “We plan to continuously expand installment services that help investors grow their assets.”