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ItalianoBond Korea Industrial Bank 0% ( KR310502AB89 ) in KRW
| Issuer | Korea Industrial Bank |
| Market price | 100 % ⇌ |
| Country |  Republic of Korea
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| ISIN code |
 KR310502AB89 ( in KRW )
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| Interest rate | 0% |
| Maturity | 09/08/2022 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| 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 debt instrument identified by ISIN KR310502AB89, issued by the Industrial Bank of Korea, a leading state-owned financial institution based in South Korea primarily dedicated to fostering the growth and development of small and medium-sized enterprises (SMEs) within the national economy, has reached its full maturity and undergone successful redemption. This particular bond, originating from South Korea and denominated in Korean Won (KRW), featured a zero-percent interest rate and was structured with a single payment frequency, aligning with its maturity on August 9, 2022. On this designated date, the bond was effectively redeemed at 100% of its principal value, thereby confirming the complete and timely fulfillment of its obligations to investors. |