Purchased Across Diverse Sectors Including IT, Media, Aviation, and Finance
It has been revealed that President Donald Trump of the United States purchased at least 120 billion won worth of bonds from the end of August to early last month.
On the 16th (local time), U.S. financial media outlets such as MarketWatch reported this information, citing data released the previous day by the U.S. Office of Government Ethics (OGE).
According to the disclosed data, President Trump conducted 175 transactions between August 28 and October 2. The total amount ranged from at least 82 million dollars (approximately 120 billion won) to more than 337 million dollars (approximately 490 billion won).
In the United States, when disclosing the investment status of federal elected officials in stocks, bonds, and futures, only approximate ranges are indicated for each transaction, rather than the exact amounts.
Many of the bonds purchased by President Trump were issued by state or local governments or government agencies, but there were also corporate bonds. President Trump acquired corporate bonds from a variety of industries, including Intel, Qualcomm, Broadcom, and Meta Platforms (semiconductors and IT); Netflix and Comcast (media); Boeing (aviation); UnitedHealth Group (health insurance); and JP Morgan Chase, Goldman Sachs, and Morgan Stanley (investment banks).
In the case of Intel bonds, the purchase amounted to between 1 million and 5 million dollars, and MarketWatch reported that the transaction took place on August 29, about a week after Intel agreed to transfer a 10% stake to the U.S. government.
The White House did not immediately respond to a request for comment.
MarketWatch previously reported that President Trump had purchased at least 104 million dollars worth of bonds by mid-August.
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