Bond Korea Industrial Bank 1.39% ( KR310501G991 ) in KRW

Issuer	Korea Industrial Bank
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310501G991 ( in KRW )
Interest rate	1.39% per year ( payment 1 time a year)
Maturity	05/03/2021 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	10 000 KRW
Total amount	200 000 000 000 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 bond identified by ISIN KR310501G991, an obligation issued by the Industrial Bank of Korea, has reached its scheduled maturity on March 5, 2021, and has been fully redeemed. This particular fixed-income instrument, originating from South Korea and denominated in Korean Won (KRW), carried an interest rate of 1.39%. The total issue size for this security was 200,000,000,000 KRW, with a minimum purchase size set at 10,000 KRW. At the time of its redemption, the bond's market price stood at 100%, indicating the full repayment of principal to investors. Industrial Bank of Korea (IBK), the issuer, is a prominent state-owned financial institution based in South Korea, established in 1961 with the core mission of providing financial services and support primarily to small and medium-sized enterprises (SMEs) to foster their development. Payments for this bond were structured with an annual frequency, ensuring regular income until its final principal reimbursement.