Bond Korea Industrial Bank 0% ( KR310515AA51 ) in KRW

Issuer Korea Industrial Bank
Market price 100 %  ⇌ 
Country  Republic of Korea
ISIN code  KR310515AA51 ( in KRW )
Interest rate 0%
Maturity 26/05/2021 - Bond has expired



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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.