Bond Koreana 0% ( KRC0350C2769 ) in KRW

Issuer	Koreana
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KRC0350C2769 ( in KRW )
Interest rate	0%
Maturity	10/06/2027
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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. This financial instrument, identified by the ISIN code KRC0350C2769, is a sovereign bond issued by the Republic of Korea, a prominent economic entity located in South Korea, and is currently trading at its par value of 100% on the market. Denominated in Korean Won (KRW), this obligation is characterized by a 0% interest rate, indicating it is a zero-coupon instrument that does not disburse periodic interest payments, with investors typically realizing returns from a discount to par upon purchase or through capital appreciation if sold before maturity, although its current market price at par suggests a different investment premise. Investors interested in this security are required to purchase it in minimum lots of 10,000 units, with the bond reaching its maturity on June 10, 2027, at which point the principal repayment constitutes the single payment event for the bondholder.