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ItalianoBond Korea Industrial Bank 1.77% ( KR310503G955 ) in KRW
| Issuer | Korea Industrial Bank |
| Market price | 100 % ⇌ |
| Country |  Republic of Korea
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| ISIN code |
 KR310503G955 ( in KRW )
|
| Interest rate | 1.77% per year ( payment 1 time a year) |
| Maturity | 17/05/2022 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 10 000 KRW |
| Total amount | 340 000 000 000 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. An analysis of the KR310503G955 bond issuance reveals a financial instrument from the Industrial Bank of Korea, a prominent South Korean state-owned bank established in 1961 with a primary mandate to support and finance small and medium-sized enterprises, thereby playing a crucial role in the national economy. This specific debt obligation, issued from South Korea and denominated in Korean Won (KRW), featured an interest rate of 1.77% and represented a total issuance size of KRW 340,000,000,000, with a minimum purchase size set at KRW 10,000. With an annual payment frequency, this bond reached its maturity on May 17, 2022, and has since been fully repaid at its par value, concluding its lifecycle as a financial instrument. |