Bond Lotte Non-Life Assurance Obligations 0% ( KR6000401C97 ) in KRW

Issuer	Lotte Non-Life Assurance Obligations
Market price	100 % ▲
Country	Republic of Korea
ISIN code	KR6000401C97 ( in KRW )
Interest rate	0%
Maturity	02/09/2032
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Detailed description	Lotte Non-Life Insurance issues bonds to raise capital, typically offering investors fixed-income returns in exchange for lending the company money for a specified period. An analysis of the fixed-income market reveals details on a notable bond instrument, identified by ISIN code KR6000401C97, issued by Lotte Non-Life Insurance Co., Ltd., a prominent financial services subsidiary of the South Korean conglomerate Lotte Group, a diversified powerhouse with significant interests spanning retail, food, chemicals, and hospitality across Asia. This specific obligation, originating from South Korea, is characterized as a zero-coupon bond, signifying that it pays no periodic interest to bondholders throughout its term; instead, investors' returns are derived from the difference between the discounted issue price and its par value redemption at maturity on September 2, 2032. Denominated in Korean Won (KRW), the bond is currently observed to trade at 100% of its face value, a condition that, for a zero-coupon instrument with no stated coupon, implies a yield of 0% to maturity given its structure, with a single principal repayment occurring at its specified maturity date.