Bond NongHyup Bank 2.09% ( KR381002G8B9 ) in KRW
| Issuer | NongHyup Bank | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country | Republic of Korea
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| ISIN code |
KR381002G8B9 ( in KRW )
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| Interest rate | 2.09% per year ( payment 1 time a year) | ||||||||
| Maturity | 23/05/2020 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 10 000 KRW | ||||||||
| Total amount | 300 000 000 000 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. An examination of fixed-income instruments highlights the recently matured obligation, ISIN KR381002G8B9, issued by NongHyup Bank, a significant financial entity in South Korea. NongHyup Bank, officially known as the National Agricultural Cooperative Federation, stands as one of the largest and most influential banking institutions in South Korea, deeply integrated into the nation's financial system and playing a crucial role in supporting the agricultural sector and rural communities through a comprehensive range of banking and financial services. This specific bond, denominated in Korean Won (KRW), offered an annual interest rate of 2.09% and represented a substantial total issuance size of KRW 300,000,000,000, with a minimum purchase requirement of KRW 10,000. Issued in South Korea, this debt security reached its scheduled maturity on May 23, 2020, at which point it was fully redeemed at 100% of its face value, signifying the completion of its investment lifecycle. |
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