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ItalianoBond Industrial Bank of Korea 0% ( KR310509GC28 ) in KRW
| Issuer | Industrial Bank of Korea | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country |  Republic of Korea
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| ISIN code |
 KR310509GC28 ( in KRW )
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| Interest rate | 0% | ||||||
| Maturity | 15/02/2023 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 10 000 KRW | ||||||
| Total amount | 50 000 000 000 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. A detailed analysis of the bond identified by ISIN KR310509GC28 reveals its recent maturity and full repayment. This specific debt instrument was issued by the Industrial Bank of Korea (IBK), a cornerstone financial institution in South Korea. Established in 1961, IBK is a government-owned bank with a crucial mandate to support the growth and development of small and medium-sized enterprises (SMEs) within the nation, playing a significant role in fostering economic stability and job creation. The bond, denominated in Korean Won (KRW), originated from South Korea and represented a total issuance size of 50,000,000,000 KRW, with a minimum purchase increment set at 10,000 KRW. Notably, it carried a 0% interest rate and was trading at 100% of its face value prior to its maturity. Its specified maturity date was February 15, 2023, with a payment frequency indicated as 1. Confirming its lifecycle completion, this obligation has successfully reached maturity and its principal value has been fully reimbursed to bondholders. |
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