Bond Koreana 0% ( KR103102AB17 ) in KRW

Issuer	Koreana
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR103102AB17 ( in KRW )
Interest rate	0%
Maturity	01/04/2021 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	1 000 000 000 000 KRW
Detailed description	South Korea is a highly developed East Asian nation known for its technological advancements, vibrant culture, and significant contributions to global entertainment, including K-pop and K-dramas. This financial analysis details a specific sovereign bond, identified by the ISIN KR103102AB17. The issuer, "Korea," refers to the sovereign entity of South Korea, a significant participant in the global debt market, which issues government bonds to finance public expenditures and manage national debt. Issued from South Korea and denominated in Korean Won (KRW), this bond had a substantial total issuance size of KRW 1,000,000,000,000, with a minimum purchase size set at KRW 10,000. Its characteristics included a stated interest rate of 0%, implying it was likely a zero-coupon instrument or structured for a specific yield profile, and it was recorded at a market price of 100%. The bond's maturity date was April 1, 2021, with a payment frequency of 1, referring to its principal repayment schedule. It is important to note that this obligation has since reached its full maturity and has been successfully redeemed, fulfilling the issuer's financial commitment.