Bond KEXEM 0% ( KR380803G798 ) in KRW

Issuer	KEXEM
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR380803G798 ( in KRW )
Interest rate	0%
Maturity	12/09/2018 - Bond has expired
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	120 000 000 000 KRW
Detailed description	KEXIM, the Korea Export-Import Bank, is a South Korean government-owned policy bank that provides financial support for the country's export-oriented industries and overseas economic development projects. This financial article details the successful maturity and redemption of a specific bond, identified by ISIN KR380803G798, issued by The Export-Import Bank of Korea (KEXIM). Denominated in Korean Won (KRW), this bond was part of a substantial issuance with a total size of KRW 120,000,000,000, and was originally accessible to investors with a minimum purchase size of KRW 10,000. Notably, the bond featured a 0% interest rate, indicating it was likely structured as a zero-coupon bond or a discount instrument, where investors gain from the difference between the purchase price and the full principal repayment at maturity rather than recurring interest payments. KEXIM, the issuer, is a pivotal state-owned financial institution based in South Korea, primarily established to facilitate and provide financial support for the nation's export and import activities, overseas investments, and various international economic cooperation projects, thereby playing a strategic role in the development of the national economy and often carrying implicit government backing. The bond reached its scheduled maturity date on September 12, 2018, and has since been fully redeemed at 100% of its principal value, confirming the successful conclusion of its lifecycle for all holders.