Individual investors in South Korea will be able to buy 10-year and 20-year government bonds through defined contribution (DC) or individual retirement pension (IRP) accounts from September. The Ministry of Finance and Economy said on the 27th that the system for retirement pension-type individual investment-purpose government bonds had been completed, while the Korea Securities Depository said it had established an integrated platform covering issuance, subscriptions, allocation, interest and principal payments, and cancellations. The first subscription period is scheduled for September 9 to 15, with access initially available through eight retirement pension operators, including Mirae Asset Securities, Korea Investment & Securities and Samsung Securities. The depository will aggregate subscriptions across operators and allocate bonds to individual accounts using the same criteria, a process intended to improve fairness and transparency. Personal investment treasury bond issuance totaled ₩700 billion in 2024 and reached ₩1.3 trillion as of August 2026, while average subscription rates rose from about 100% to the 160% range. South Korea's retirement pension reserves stood at approximately ₩500 trillion at the end of 2025.