Bond KEXEM 0% ( KR380804A7A1 ) in KRW

Issuer	KEXEM
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR380804A7A1 ( in KRW )
Interest rate	0%
Maturity	26/07/2018 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	30 000 000 000 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. An investment-grade bond, identified by ISIN KR380804A7A1, issued by the Export-Import Bank of Korea (KEXIM), a leading state-owned financial institution primarily responsible for supporting South Korea's export-import activities and overseas investment, was successfully redeemed upon its maturity on July 26, 2018. This fixed-income instrument, denominated in Korean Won (KRW), originated from South Korea, and was part of a total issuance valued at KRW 30,000,000,000, with a minimum purchase size set at KRW 10,000. Noteworthy for its zero percent interest rate, suggesting its nature as a zero-coupon bond, and a reported current market price of 100% prior to its expiration, this bond has now been fully repaid to its holders.