Bond NongHyup Bank 0% ( KR381001GC97 ) in KRW
| Issuer | NongHyup Bank | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country | Republic of Korea
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| ISIN code |
KR381001GC97 ( in KRW )
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| Interest rate | 0% | ||||||||
| Maturity | 16/09/2023 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 10 000 KRW | ||||||||
| Total amount | 250 000 000 000 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 financial instrument with ISIN KR381001GC97, issued by NongHyup Bank, a prominent South Korean financial institution integral to the nation's agricultural financing and broader commercial banking, has concluded its lifecycle. This bond, denominated in Korean Won (KRW), had a substantial total issue size of KRW 250,000,000,000, with a minimum purchase size set at KRW 10,000. Characterized by a 0% interest rate, suggesting its nature as a zero-coupon bond, it was structured with an annual payment frequency. Originating from South Korea, the bond's market price was last noted at 100% before its scheduled expiration. The instrument reached its maturity date on September 16, 2023, and has since been fully redeemed, thereby fulfilling the issuer's financial obligations to its bondholders. |
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