Bond Korea Industrial Bank 0.89% ( KR310508GA88 ) in KRW

Issuer	Korea Industrial Bank
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310508GA88 ( in KRW )
Interest rate	0.89% per year ( payment 1 time a year)
Maturity	21/02/2023 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	200 000 000 000 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. The bond identified by ISIN KR310508GA88, issued by the Industrial Bank of Korea, a prominent South Korean state-owned financial institution primarily established to support and develop small and medium-sized enterprises (SMEs) within the nation's economy, carried a fixed interest rate of 0.89% on its principal denominated in Korean Won (KRW) and had an initial total issuance size of 200,000,000,000 KRW, with a minimum purchase increment set at 10,000 KRW, making it accessible to a range of investors until its scheduled maturity date on February 21, 2023, at which point it successfully reached maturity and was fully redeemed, concluding its lifecycle within the fixed-income market.