Bond Korea Industrial Bank 2.85% ( KR310501D8A9 ) in KRW

Issuer	Korea Industrial Bank
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310501D8A9 ( in KRW )
Interest rate	2.85% per year ( payment 1 time a year)
Maturity	24/10/2038
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Minimal amount	10 000 KRW
Total amount	100 000 000 000 KRW
Next Coupon	24/10/2026 ( In 94 days )
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. This financial instrument, identified as a bond, carries the ISIN code KR310501D8A9 and is issued by the Industrial Bank of Korea (IBK), a prominent state-owned financial institution based in South Korea, primarily dedicated to supporting the country's small and medium-sized enterprises (SMEs) and contributing to national economic development. Originating from South Korea, this bond is currently quoted at 100% of its nominal value in the market and is denominated in Korean Won (KRW). Investors are offered an annual interest rate of 2.85%, with payments scheduled once per year. The total size of this issuance amounts to 100,000,000,000 KRW, accessible with a minimum purchase size of 10,000 KRW. The bond is set to mature on October 24, 2038.