Bond Korea Industrial Bank 0.85% ( KR310507GB54 ) in KRW

Issuer Korea Industrial Bank
Market price 100 %  ⇌ 
Country  Republic of Korea
ISIN code  KR310507GB54 ( in KRW )
Interest rate 0.85% per year ( payment 1 time a year)
Maturity 21/11/2022 - Bond has expired



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Minimal amount 10 000 KRW
Total amount 210 000 000 000 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 obligation, identified by ISIN KR310507GB54 and issued by Industrial Bank of Korea, a prominent South Korean state-owned financial institution known for its vital role in supporting the nation's economy, particularly small and medium-sized enterprises, has successfully reached its maturity and been fully redeemed. This bond, denominated in Korean Won (KRW) and issued from South Korea, featured an interest rate of 0.85% and was part of a total issuance volume of KRW 210,000,000,000, with a minimum purchase size of KRW 10,000. Trading at 100% of its face value at the time of maturity, the bond's final redemption occurred on November 21, 2022, following an annual payment frequency, confirming its completion.