Bond Korea Industrial Bank 2.16% ( KR310503G864 ) in KRW

Issuer	Korea Industrial Bank
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310503G864 ( in KRW )
Interest rate	2.16% per year ( payment 1 time a year)
Maturity	18/03/2020 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	270 000 000 000 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. A detailed review of the KR310503G864 bond confirms its full maturity and redemption on March 18, 2020. This fixed-income instrument was issued by the Industrial Bank of Korea (IBK), a prominent state-owned financial institution established in 1961 with the primary mission of fostering the growth and development of small and medium-sized enterprises (SMEs) in South Korea, thereby contributing significantly to the nation's economic stability and industrial progress. The bond, denominated in Korean Won (KRW), featured a coupon interest rate of 2.16% and was part of a total issuance valued at 270,000,000,000 KRW, with a minimum purchase amount of 10,000 KRW. Its original terms specified an annual payment frequency, leading up to its maturity date where it was repaid at 100% of its face value, signaling a complete and successful capital return to its investors, thereby concluding its life cycle as a fully redeemed financial obligation.