Bond Korea Industrial Bank 0% ( KR310505GC97 ) in KRW

Issuer	Korea Industrial Bank
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310505GC97 ( in KRW )
Interest rate	0%
Maturity	19/09/2023 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	240 000 000 000 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. The Industrial Bank of Korea (IBK), a prominent state-owned financial institution in South Korea dedicated to fostering the growth and development of small and medium-sized enterprises (SMEs) within the nation, was the issuer of a particular debt instrument, ISIN KR310505GC97, a zero-coupon bond denominated in Korean Won (KRW) that carried a 0% interest rate, with a substantial total issuance size of KRW 240,000,000,000 and a minimum purchase size set at KRW 10,000 per unit, which, having reached its scheduled maturity date of September 19, 2023, was fully repaid at its par value of 100%, completing its single principal payment cycle.