Bond Korea Industrial Bank 4.68% ( KR310512GC98 ) in KRW

Issuer	Korea Industrial Bank
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310512GC98 ( in KRW )
Interest rate	4.68% per year ( payment 1 time a year)
Maturity	23/11/2024 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	10 000 KRW
Total amount	250 000 000 000 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 KR310512GC98, a debt instrument issued by the Industrial Bank of Korea, successfully reached its maturity date on November 23, 2024, and has subsequently been fully reimbursed to investors at its par value of 100%. This specific obligation, denominated in Korean Won (KRW) and issued from South Korea, carried an annual interest rate of 4.68% with interest payments occurring once per year. The total size of this issuance amounted to KRW 250,000,000,000, with a minimum investment threshold set at KRW 10,000. Industrial Bank of Korea (IBK) is a prominent financial institution in South Korea, established with the primary objective of supporting the growth and development of small and medium-sized enterprises (SMEs) within the country. As a government-owned entity, IBK plays a critical role in the national economy by providing comprehensive financial services, including lending, deposit-taking, and foreign exchange, thereby contributing significantly to industrial advancement and financial stability. The successful repayment of this bond underscores the Industrial Bank of Korea's robust financial standing and its consistent fulfillment of its financial commitments to bondholders.