Bond Korea Expressways 2.143% ( KR350701G931 ) in KRW
| Issuer | Korea Expressways |
| Market price | |
| Country | Republic of Korea
|
| ISIN code |
KR350701G931 ( in KRW )
|
| Interest rate | 2.143% per year ( payment 1 time a year) |
| Maturity | 08/03/2049 |
|
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 | 150 000 000 000 KRW |
| Next Coupon | 08/03/2026 ( In 84 days ) |
| Detailed description |
Korea Expressway Corporation operates and maintains South Korea's extensive network of toll expressways. A long-term fixed-income instrument issued by Korea Expressway, identified by the ISIN KR350701G931, presents an investment opportunity within the South Korean debt market. Korea Expressway, the bond's issuer, is a pivotal state-owned corporation in South Korea, primarily responsible for the construction, management, and maintenance of the nation's extensive expressway network. Established in 1969, its operations are fundamental to the country's economic logistics and citizen mobility, underpinning national infrastructure development. This bond, denominated in Korean Won (KRW), is currently observed trading at its par value of 100% and carries a fixed annual coupon rate of 2.143%. The total size of this issuance amounts to KRW 150,000,000,000, with a specified minimum purchase increment of KRW 10,000, making it accessible to a range of investors. Set to mature on March 8, 2049, this instrument offers a lengthy duration, appealing to investors seeking long-term exposure, with interest payments structured to occur annually. |
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