Photo : KBS News
The government plans to launch a second round of a public investment product offering tax benefits and partial loss coverage from state finances in the third quarter, after the first offering sold out within five days.
At a meeting Friday with fund management firms overseeing the “public participation” fund, Financial Services Commission Chairman Lee Eog‑weon announced the plan, saying the new fund is intended to meet strong investor demand and support economic growth through productive investment.
The first offering, launched May 22, was fully subscribed within five days, with some online sales channels selling out in just ten minutes.
Actual investment operations are set to begin Monday.
As with the initial launch, the second offering will total 600 billion won and include a 120 billion won subordinated government contribution.