Bond Korea Industrial Bank 0% ( KR310501AC14 ) in KRW

Issuer	Korea Industrial Bank
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310501AC14 ( in KRW )
Interest rate	0%
Maturity	18/06/2022 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	570 000 000 000 KRW
Detailed description	The Industrial Bank of Korea (IBK) is a South Korean government-owned commercial bank specializing in financing small and medium-sized enterprises (SMEs) and infrastructure projects. The Industrial Bank of Korea (IBK), a state-owned financial institution established in 1961 with a primary mandate to support small and medium-sized enterprises within South Korea, has concluded the lifecycle of its KR310501AC14 bond, which successfully matured and was fully repaid on June 18, 2022; this specific South Korean Won-denominated obligation, characterized by a 0% interest rate and an initial total issuance size of 570,000,000,000 KRW with a minimum acquisition amount of 10,000 KRW, ended its tenure at a market price of 100%, completing its single payment cycle as a zero-coupon instrument.