Mirae Asset Securities to Issue July Individual Savings Treasury Bonds with Record-High Additional Rates for 10- and 20-Year Bonds

Mirae Asset Securities announced on July 9 that it will be accepting subscriptions for the July 2025 Individual Savings Treasury Bonds from July 9 to July 15. The total planned issuance limit is KRW 140 billion. By maturity, the planned issuance amounts are KRW 90 billion for the 5-year bonds, KRW 40 billion for the 10-year bonds, and KRW 10 billion for the 20-year bonds.

The July Individual Savings Treasury Bonds offer the highest-ever additional interest rates for the 10-year and 20-year maturities, at 0.5% and 0.675%, respectively. The pre-tax maturity yields (annual average yields) are as follows: 5-year bonds at 16.08% (annual 3.21%), 10-year bonds at 39.47% (annual 3.94%), and 20-year bonds at 98.90% (annual 4.94%). These yields, including the additional interest rates, apply only if the bonds are held to maturity.

The 5-year Individual Savings Treasury Bonds, introduced in March following a policy revision, have recorded oversubscription for four consecutive months. The subscription rates for the 5-year bonds were approximately 191% in March, 164% in April, 158% in May, and 121% in June, indicating continued strong demand from individual investors.

Starting in July, early redemption applications will be accepted for Individual Savings Treasury Bonds issued in June of last year. This is because the bonds become eligible for early redemption after one year from the issuance date, entering the thirteenth month. Early redemption applications can be submitted from July 10 to July 16, either by visiting a Mirae Asset Securities branch, which is the sales agent, or online. However, in the case of early redemption, only interest based on the coupon rate will be returned; compound interest including the additional interest rate and the benefit of separate taxation on interest income will not be provided.

A Mirae Asset Securities representative stated, "Individual Savings Treasury Bonds are a stable investment vehicle that, when held to maturity, offer additional interest rates, annual compounding, and separate taxation benefits, making them an attractive alternative for individual investors who prefer stable long-term investments. As Mirae Asset Securities is the sole distributor, we will carry out our responsibilities with a strong sense of duty."