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ItalianoBond Industrial Bank of Korea 0% ( KR310515AA51 ) in KRW
| Issuer | Industrial Bank of Korea | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country |  Republic of Korea
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| ISIN code |
 KR310515AA51 ( in KRW )
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| Interest rate | 0% | ||||||
| Maturity | 26/05/2021 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 10 000 KRW | ||||||
| Total amount | 150 000 000 000 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. Analysis confirms the successful maturity and repayment of the KR310515AA51 bond, an obligation issued by the Industrial Bank of Korea. This institution, a prominent state-owned policy bank based in South Korea, is primarily dedicated to fostering the growth and stability of small and medium-sized enterprises within the nation's economy. The bond, which carried a 0% interest rate as a zero-coupon instrument, was fully redeemed at its 100% par value upon its maturity date of May 26, 2021. Denominated in Korean Won (KRW), the total issuance size for this instrument amounted to 150,000,000,000 KRW, with a minimum purchase increment set at 10,000 KRW, reflecting its structure for a single payment at maturity. |
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