Bond KEXEM 0% ( KR380808A8A5 ) in KRW

Issuer	KEXEM
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR380808A8A5 ( in KRW )
Interest rate	0%
Maturity	31/07/2019 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	150 000 000 000 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. A specific bond, identified by ISIN KR380808A8A5, was issued by the Export-Import Bank of Korea (KEXIM), a prominent state-owned policy financial institution playing a crucial role in South Korea's economic development by providing comprehensive financial services to support exports, imports, overseas investment, and other international transactions, thereby fostering national competitiveness and promoting balanced growth. This particular debt instrument, originated from South Korea and denominated in Korean Won (KRW), had a total issuance size of KRW 150,000,000,000. Noteworthy for investors, it featured a 0% interest rate, categorizing it as a zero-coupon bond where the return is derived from the discount at which it is purchased and its repayment at par, with a minimum purchase size set at KRW 10,000. The bond reached its maturity on July 31, 2019, and as of that date, it was repaid at its current market price of 100%, reflecting its successful completion within the financial market cycle.