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ItalianoBond Korea Industrial Bank 0% ( KR310507AC18 ) in KRW
| Issuer | Korea Industrial Bank |
| Market price | 100 % ⇌ |
| Country |  Republic of Korea
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| ISIN code |
 KR310507AC18 ( in KRW )
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| Interest rate | 0% |
| Maturity | 25/06/2022 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| 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 prominent South Korean state-owned financial institution established to support the nation's small and medium-sized enterprises (SMEs), recently saw the full maturity and repayment of one of its debt instruments. Specifically, a bond identified by the ISIN code KR310507AC18, issued from South Korea and denominated in Korean Won (KRW), reached its maturity date on June 25, 2022. This particular bond carried a 0% interest rate, and its market price at the point of maturity was recorded at 100% of its face value, confirming that the obligation was fully redeemed and principal repaid to investors as scheduled. |