Bond NongHyup Bank 0% ( KR381001AB52 ) in KRW
| Issuer | NongHyup Bank | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country | Republic of Korea
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| ISIN code |
KR381001AB52 ( in KRW )
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| Interest rate | 0% | ||||||||
| Maturity | 14/02/2022 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 10 000 KRW | ||||||||
| Total amount | 360 000 000 000 KRW | ||||||||
| Detailed description |
NongHyup Bank is a major South Korean commercial bank and the financial arm of the National Agricultural Cooperative Federation, offering general banking services while specializing in agricultural finance. The bond identified by ISIN KR381001AB52, issued by NongHyup Bank, a prominent South Korean financial institution and a key component of the National Agricultural Cooperative Federation (NACF) conglomerate with a significant presence in agricultural finance and retail banking, has successfully reached its maturity. This particular debt instrument, denominated in Korean Won (KRW) and originating from South Korea, had a total issuance size of 360,000,000,000 KRW, with a minimum purchase size set at 10,000 KRW. Characterized by a 0% stated interest rate and a single payment frequency, indicative of a zero-coupon structure where the return for investors is derived from the difference between the purchase price and the full repayment value, the bond matured on February 14, 2022. Consistent with its maturity, the bond was repaid at 100% of its face value, confirming its full redemption as of its due date. |
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