Korea’s integrated government-bond account has passed 1,740 trillion won in cumulative domestic and overseas transactions roughly two years after launch, according to Korea Securities Depository. The system links Korea’s government-bond market with international central securities depositories, creating a common account structure for cross-border settlement and custody.

Korea Securities Depository marked the second anniversary with an industry meeting attended by officials from the finance ministry and Bank of Korea, as well as brokers and custodians. The organization said the account, launched in June 2024, has now handled more than W1,740tn in cumulative transactions and used the meeting to review operating results and discuss further development.

Why the account matters for market access

The scale matters because market infrastructure only becomes useful when investors and intermediaries actually use it. Two years of transaction volume at this level suggests the integrated account has moved beyond a technical launch and become part of the working plumbing for access to Korea’s government-bond market.

The next question is how that infrastructure develops from here. Korea Securities Depository and market participants will be watching whether usage continues to expand and what operational changes follow the two-year review as Korea keeps building a more accessible government-bond market for domestic and overseas investors.