The finance ministry said Friday it will begin selling government bonds for retail investors by the end of June, as investors have shown increased appetite for stable investment options.

The issue will include a maturity term of 10 or 20 years, and an individual investor will be allowed to purchase state bonds worth between 100,000 won (US$74.8) and 100 million won, the Ministry of Economy and Finance said.

In a statement, the ministry said it will start selling state bonds for retail investors by the end of June after appointing a primary dealer and completing relevant work.

For all of this year, the government plans to sell state bonds worth 1 trillion won for individual investors, the ministry said.

Last year, 165.7 trillion won worth of government bonds were sold, according to the ministry.

Source: Yonhap News Agency