Bond Koreana 0% ( KRC0350C2298 ) in KRW

Issuer	Koreana
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KRC0350C2298 ( in KRW )
Interest rate	0%
Maturity	10/09/2022 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	/
Detailed description	South Korea is a highly developed East Asian nation known for its technological advancements, vibrant culture, and significant contributions to global entertainment, including K-pop and K-dramas. An analysis of the financial instrument identified by ISIN KRC0350C2298 details a sovereign bond issued by Korea, officially the Republic of Korea, a significant economic entity in East Asia known for its highly developed technology, automotive, and manufacturing industries, alongside a robust export-oriented economy, whose sovereign debt instruments are closely monitored by global investors as indicators of both its national financial health and broader regional stability. This specific bond, denominated in the South Korean Won (KRW), was characterized by a 0% interest rate, suggesting it was structured as a zero-coupon bond, with a single payment frequency primarily representing the principal's return at maturity, and required a minimum purchase size of 10,000 KRW. The instrument reached its maturity date on September 10, 2022, and has subsequently been confirmed as having been fully redeemed at its par value of 100% of the principal amount, marking a complete and successful fulfillment of the issuer's financial obligation.