The Korea Exchange, Inc. announced that it will launch a retail bond market on August 20. The retail bond market is targeted for the trading of small-lot bonds with quotation amount of KRW 5 billion or less.
One of the key features of the market is that market makers designated by the KRX place two-way quotations for each bond product, providing liquidity into the market on a continuous basis.
KRX expects the market will offer retail investors better access to bond products and meet the demand for safe assets. It will also contribute to enhancing transparency in the Korean bond market, by providing electronic platforms for bond trading as well as real-time market information dissemination.