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ItalianoBond Korea National Oil Corporation 0% ( HK0000468691 ) in USD
| Issuer | Korea National Oil Corporation | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country |  Republic of Korea
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| ISIN code |
 HK0000468691 ( in USD )
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| Interest rate | 0% | ||||||||
| Maturity | 20/12/2021 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 000 USD | ||||||||
| Total amount | 50 000 000 USD | ||||||||
| Detailed description |
Korea National Oil Corporation (KNOC) is a South Korean state-owned energy company responsible for securing and managing the nation's energy resources, both domestically and internationally. A recent update from the fixed-income market confirms the successful maturity and full repayment of a specific bond issuance, identified by the ISIN HK0000468691. This financial instrument was issued by the Korea National Oil Corporation (KNOC), the national oil and gas company of South Korea, which serves as a critical pillar in the nation's energy strategy by overseeing the exploration, development, production, and storage of petroleum and natural gas resources both domestically and internationally. The bond, denominated in US Dollars (USD), carried a total issuance size of $50,000,000, with a minimum subscription threshold of $1,000. A key characteristic of this bond was its 0% interest rate, indicating it functioned as a zero-coupon bond where investors acquired the instrument at a discount and received its full face value upon maturity, thus making the stated payment frequency of 2 (semi-annual) pertinent only in a context other than coupon distributions, if at all. The bond reached its predetermined maturity date on December 20, 2021, at which point it was repaid at 100% of its market value, concluding its investment lifecycle for bondholders. |
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