Bond Koreana 1.125% ( KR103501GB67 ) in KRW

Issuer	Koreana
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR103501GB67 ( in KRW )
Interest rate	1.125% per year ( payment 1 time a year)
Maturity	09/06/2024 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	18 061 000 000 000 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. The Republic of Korea, a significant economic power in Asia and a reputable sovereign issuer in global financial markets, recently saw the successful maturity and redemption of its bond, identified by ISIN Code KR103501GB67. This bond, issued by South Korea, concluded its tenure on June 9, 2024, at which point it was fully repaid to investors. Throughout its lifecycle, this bond maintained an interest rate of 1.125%, with payments made annually. The total issuance size for this instrument was a substantial KRW 18,061,000,000,000, denominated in Korean Won (KRW), and was available for a minimum purchase size of KRW 10,000. At its point of redemption, the market price stood at 100% of its par value, reflecting the timely fulfillment of the issuer's obligations.