Bond Korea Industrial Bank 0% ( KR310506G917 ) in KRW

Issuer	Korea Industrial Bank
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310506G917 ( in KRW )
Interest rate	0%
Maturity	17/01/2020 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	260 000 000 000 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 analysis focuses on a specific debt instrument, ISIN code KR310506G917, issued by the Industrial Bank of Korea. The Industrial Bank of Korea (IBK) is a state-owned financial institution headquartered in South Korea, playing a crucial role in supporting the nation's economy by providing comprehensive banking services primarily to small and medium-sized enterprises (SMEs), including lending, deposits, and foreign exchange services, contributing significantly to industrial development and economic stability within the country. This bond, denominated in Korean Won (KRW) and issued in South Korea, had a total issuance size of 260,000,000,000 KRW, with a minimum purchase amount set at 10,000 KRW. Noteworthy characteristics included a 0% interest rate and a reported market price of 100%. With a payment frequency of 1, the instrument reached its maturity date on January 17, 2020, and has subsequently been redeemed in full.