Bond Korea Industrial Bank 1.79% ( KR310506GBC0 ) in KRW

Issuer Korea Industrial Bank
Market price 100 %  ⇌ 
Country  Republic of Korea
ISIN code  KR310506GBC0 ( in KRW )
Interest rate 1.79% per year ( payment 1 time a year)
Maturity 14/06/2023 - Bond has expired



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Minimal amount 10 000 KRW
Total amount 600 000 000 000 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.

Industrial Bank of Korea (IBK), a state-owned financial institution playing a pivotal role in the economic development of South Korea by providing dedicated support and financing to small and medium-sized enterprises (SMEs), recently confirmed the successful maturity and full repayment of its bond identified by ISIN KR310506GBC0; this particular debt instrument, denominated in Korean Won (KRW), featured an interest rate of 1.79% with a payment frequency of 1, represented a total issuance volume of 600,000,000,000 KRW, and was available for minimum purchases of 10,000 KRW; having reached its maturity date on June 14, 2023, and observed at a market price of 100% prior to its conclusion, the bond has now been fully discharged, thereby fulfilling all its obligations.