Bond Korea Industrial Bank 1.88% ( KR310502G924 ) in KRW

Issuer	Korea Industrial Bank
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310502G924 ( in KRW )
Interest rate	1.88% per year ( payment 1 time a year)
Maturity	08/02/2021 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	300 000 000 000 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. This financial article provides an overview of the KR310502G924 bond, an obligation issued by the Industrial Bank of Korea (IBK), a South Korean state-owned policy bank established to foster the growth and competitiveness of small and medium-sized enterprises (SMEs) through comprehensive financial services and support. This specific debt instrument, denominated in Korean Won (KRW), featured an annual interest rate (coupon) of 1.88% and constituted a total issuance size of KRW 300,000,000,000, with a minimum purchase increment set at KRW 10,000. Originally scheduled to mature on February 8, 2021, the Industrial Bank of Korea has confirmed that this bond has successfully reached its maturity date and has been fully redeemed, having been repaid at 100% of its face value.