Bond Koreana 2% ( KR103501G794 ) in KRW

Issuer	Koreana
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR103501G794 ( in KRW )
Interest rate	2% per year ( payment 1 time a year)
Maturity	10/09/2022 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	10 190 000 000 000 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. A specific bond issuance from the Republic of Korea, identified by ISIN KR103501G794, recently reached its conclusion, with the South Korean sovereign state, a major global economy renowned for its advanced technology, industrial output, and dynamic export sector, having acted as both the issuer and the country of issuance. This debt instrument, denominated in Korean Won (KRW), was originally issued with a substantial total volume of 10,190,000,000,000 KRW and featured an annual interest rate of 2%, with interest payments occurring at a frequency of one. Investors were able to acquire this security in minimum increments of 10,000 KRW, and while its current market price was noted at 100%, the key development is that the bond reached its maturity date on September 10, 2022, and has since been fully repaid to its holders, thereby fulfilling the Republic of Korea's obligations concerning this specific security.