Bond Korea Expressways 2.592% ( KR350706GBA1 ) in KRW

Issuer	Korea Expressways
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR350706GBA1 ( in KRW )
Interest rate	2.592% per year ( payment 1 time a year)
Maturity	28/10/2051
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Minimal amount	10 000 KRW
Total amount	130 000 000 000 KRW
Next Coupon	28/10/2026 ( In 318 days )
Detailed description	Korea Expressway Corporation operates and maintains South Korea's extensive network of toll expressways. This financial analysis details a specific bond instrument identified by ISIN KR350706GBA1, issued by the Korea Expressway Corporation. The Korea Expressway Corporation is a state-owned enterprise established by the South Korean government, primarily responsible for the construction, management, and operation of the nation's expressway network, thereby playing a crucial role in the country's infrastructure development and reflecting a significant public sector backing. This bond, originating from South Korea, currently trades at 100% of its par value and is denominated in Korean Won (KRW). It features a coupon rate of 2.592% with annual payment frequency. The total issue size for this offering amounts to KRW 130,000,000,000, and investors can acquire units starting from a minimum purchase amount of KRW 10,000. The bond carries a long-term maturity, set for October 28, 2051.