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ItalianoBond Korea Industrial Bank 1.59% ( KR310506GBA4 ) in KRW
| Issuer | Korea Industrial Bank |
| Market price | 100 % ⇌ |
| Country |  Republic of Korea
|
| ISIN code |
 KR310506GBA4 ( in KRW )
|
| Interest rate | 1.59% per year ( payment 1 time a year) |
| Maturity | 13/04/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 10 000 KRW |
| Total amount | 150 000 000 000 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 bond market reveals details concerning a specific debt instrument, identified by ISIN KR310506GBA4, issued by the Industrial Bank of Korea, a prominent South Korean state-owned financial institution established in 1961 with a primary mandate to support small and medium-sized enterprises (SMEs) and a significant player in the nation's economic development, where this particular bond, denominated in KRW, featured an interest rate of 1.59% and represented a total issuance size of ?150,000,000,000, with a minimum purchase requirement of ?10,000, and while its market price was quoted at 100% prior to its maturity on April 13, 2023, with an implied payment frequency of one (likely annual), it has since reached its maturity and been fully repaid to its bondholders. |