Bond Koreana 0% ( KRC0350C3031 ) in KRW

Issuer	Koreana
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KRC0350C3031 ( in KRW )
Interest rate	0%
Maturity	10/03/2030
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
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. A new bond issuance, identified by ISIN KRC0350C3031, has been highlighted on the market, originating from the Republic of Korea. The Republic of Korea, commonly known as South Korea, stands as a prominent sovereign issuer in the global financial landscape. As a highly developed and technologically advanced nation, a member of the G20, and one of the 'Four Asian Tigers,' South Korea maintains a robust and diversified economy. Its consistent economic performance, sound fiscal management, and strong institutional framework contribute to its reputation as a reliable and stable borrower in international capital markets, making its sovereign debt instruments appealing to a broad range of investors seeking stability and exposure to a leading Asian economy. This specific debt instrument is designated as a bond, bearing the unique ISIN KRC0350C3031. It was issued in South Korea, denominated in the local currency, the Korean Won (KRW). Currently, the bond is observed trading at 100% of its par value on the market, indicating it is trading precisely at par. The minimum investment threshold for this instrument is set at 10,000 KRW, providing a structured entry point for various investor sizes. A defining characteristic of this bond is its 0% interest rate, categorizing it as a zero-coupon bond. This implies that, unlike traditional coupon-paying bonds, this instrument does not provide periodic interest payments to bondholders throughout its term. Instead, investors typically acquire such bonds at a discount to their face value, with the full principal amount redeemed at par upon maturity. The maturity date for this bond is firmly set for March 10, 2030, at which point the principal repayment will occur, representing the sole payment event for the bondholder, offering a straightforward investment profile for those seeking principal preservation or a known future cash inflow linked to the stable sovereign credit of South Korea.