Bond Korea Industrial Bank 0% ( KR310513GC97 ) in KRW

Issuer	Korea Industrial Bank
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310513GC97 ( in KRW )
Interest rate	0%
Maturity	26/03/2023 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	190 000 000 000 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. This financial article details the specifics of a bond instrument identified by ISIN KR310513GC97, issued by the Industrial Bank of Korea (IBK). Industrial Bank of Korea is a prominent state-owned financial institution based in South Korea, established with the core mission of providing comprehensive financial services to small and medium-sized enterprises (SMEs), thereby playing a vital role in the nation's economic development. Issued from South Korea, this bond was denominated in Korean Won (KRW) and had a total issuance size of KRW 190,000,000,000. Characterized as a zero-coupon instrument, it featured an interest rate of 0% and a minimum purchase size of KRW 10,000. With a maturity date of March 26, 2023, and a reported market price of 100% upon maturity, this bond has successfully reached its maturity and been fully redeemed.