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    We began investing in domestic fixed income in 1988 when the National Pension Fund was established. As of Sep 30, 2025, the domestic fixed income investment was valued at KRW 321.4 trillion, representing 23.6% of the Fund’s portfolio.

    Investment Overview

    in KRW billion, %

    Note:
    1. Until a fund management assessment is completed, preliminary estimates are provided.
    2. The figures above might not add uo due to rounding

    Domestic Fixed Income Portfolio

    (As of Sep 30, 2025, %)

    국내채권 포트폴리오 구성별 비율
    Treasury Bonds 44.7%
    Gov.-related Bond 18.9%
    Financial Bond 15.0%
    Corporate Bond 9.6%
    ABS 5.0%
    Municipal Bond 4.1%
    Monetary Stabilization 2.7%

    annotation 1) Disclosure of operation status by bond type every quarter in accordance with relevant regulations
    annotation 2) All numbers are rounded off, so slight differences may occur.