Bond Korea Expressway 3.22% ( KR3507017316 ) in KRW
| Issuer | Korea Expressway | ||||||||||||||||||||||||||||
| Market price | |||||||||||||||||||||||||||||
| Country | Republic of Korea
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| ISIN code |
KR3507017316 ( in KRW )
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| Interest rate | 3.22% per year ( payment 1 time a year) | ||||||||||||||||||||||||||||
| Maturity | 22/01/2028 | ||||||||||||||||||||||||||||
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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 | ||||||||||||||||||||||||||||
| Next Coupon | 22/01/2027 ( In 149 days ) | ||||||||||||||||||||||||||||
| Detailed description |
Korea Expressway Corporation operates and maintains South Korea's extensive network of toll expressways. This financial analysis details a specific fixed-income instrument, an obligation with ISIN code KR3507017316, issued by Korea Expressway, a prominent state-owned enterprise based in South Korea, primarily responsible for the development, management, and operation of the nation's extensive expressway network, thereby playing a vital role in its transportation infrastructure and deriving significant creditworthiness from its public mandate; this bond, denominated in Korean Won (KRW), offers an annual coupon rate of 3.22% with interest payments occurring once per year, and is set to mature on January 22, 2028, forming part of a total issuance valued at KRW 150,000,000,000, while maintaining a current market price of 100% of its face value, signifying a par valuation, with a minimum purchase size set at KRW 10,000 for interested investors. |
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