Bond Korea Industrial Bank 0.97% ( KR310506GAB4 ) in KRW

Issuer	Korea Industrial Bank
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310506GAB4 ( in KRW )
Interest rate	0.97% per year ( payment 1 time a year)
Maturity	17/11/2022 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	320 000 000 000 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 details a specific debt instrument, ISIN KR310506GAB4, issued by the Industrial Bank of Korea (IBK). Headquartered in South Korea, IBK is a prominent state-owned financial institution primarily established to support small and medium-sized enterprises (SMEs) and foster economic development within the country. The bond, denominated in Korean Won (KRW), represented a total issue size of KRW 320,000,000,000, with a minimum purchase increment set at KRW 10,000. It carried an annual interest rate of 0.97% and reached its maturity on November 17, 2022. Consistent with its maturity and subsequent redemption, the instrument's last reported market price stood at 100%, indicating that the principal amount was fully repaid to bondholders.