Bond KEXEM 0% ( KR380805AB37 ) in KRW

Issuer	KEXEM
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR380805AB37 ( in KRW )
Interest rate	0%
Maturity	26/03/2022 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	420 000 000 000 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 KR380805AB37 bond, a zero-coupon obligation issued in South Korea by KEXIM, the Export-Import Bank of Korea, a prominent state-owned policy bank critical to supporting the nation's export and import activities. With a total issuance size of KRW 420,000,000,000 and a minimum purchase denomination of KRW 10,000, this bond featured a 0% interest rate and a payment frequency of one, signifying a single principal payment upon its maturity on March 26, 2022, at which point it was fully repaid, reflecting a market price of 100% at redemption.