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ItalianoBond Industrial Bank of Korea 3.6% ( KR310503J553 ) in KRW
| Issuer | Industrial Bank of Korea | ||||||||||||||||||||||
| Market price |  100 % ⇌ |
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| Country |  Republic of Korea
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| ISIN code |
 KR310503J553 ( in KRW )
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| Interest rate | 3.6% per year ( payment 1 time a year) | ||||||||||||||||||||||
| Maturity | 05/14/2035 | ||||||||||||||||||||||
| Minimal amount | 10 000 KRW | ||||||||||||||||||||||
| Total amount | 50 000 000 000 KRW | ||||||||||||||||||||||
| Next Coupon | 05/14/2027 ( In 200 days ) | ||||||||||||||||||||||
| 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. Industrial Bank of Korea, a prominent state-owned financial institution established in 1961 with a primary mandate to support and develop small and medium-sized enterprises (SMEs) in South Korea, has detailed a significant KRW-denominated bond offering. This bond, identified by ISIN KR310503J553 and issued from South Korea, carries an annual interest rate of 3.6%. The total size of this issuance amounts to 50,000,000,000 Korean Won, with a minimum purchase size set at 10,000 KRW. Currently trading at 100% of its par value on the market, this debt instrument features a maturity date of May 14, 2035, providing a long-term investment horizon, with interest payments scheduled to be disbursed annually. |
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