Reported 11 months ago
Yuanta Bank has launched a new 'Overseas Bond Digital Trading' service, allowing customers to trade bonds through the Yuanta mobile banking app 24 hours a day. The service provides investors with easy access to global bond markets, allowing them to achieve personal financial goals. Yuanta Bank also lowered the purchase threshold for some bonds to $1,000 USD to make bond investment more accessible, reflecting the growing interest in overseas bond trading. The bank recommends increasing overseas bond positions under the trend of interest rate cuts to reduce portfolio volatility and potentially gain capital gains when long-term U.S. bond yields fall. In addition to the new service, Yuanta Bank is offering a discounted transaction fee promotion for purchasing overseas bonds through the app until September 30, aiming to diversify investment portfolios.
Source: YAHOO