Bond Koreana 0% ( KRC0350C3130 ) in KRW

Issuer	Koreana
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KRC0350C3130 ( in KRW )
Interest rate	0%
Maturity	10/03/2031
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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. Republic of Korea Sovereign Bond (ISIN: KRC0350C3130) Profile The financial markets are currently observing a distinct sovereign bond issued by the Republic of Korea, identified by its ISIN code KRC0350C3130. This instrument represents a direct obligation of the South Korean government, an issuer widely recognized for its robust economic fundamentals, advanced industrial base, and disciplined fiscal management. The Republic of Korea consistently maintains high sovereign credit ratings from major agencies, reflecting its stable political environment, strong export-oriented economy, and significant foreign exchange reserves, which collectively underscore its capacity to meet financial commitments within the global financial system. This particular bond, issued in the Republic of Korea's domestic currency, the Korean Won (KRW), is characterized by a specific maturity date of March 10, 2031. It is currently being quoted at 100% of its face value on the market. A notable feature of this bond is its stated interest rate of 0%, designating it as a zero-coupon bond. Traditionally, zero-coupon bonds are purchased at a discount to their face value, with the investor's return realized as the capital appreciation upon maturity when the bond is redeemed at par. However, with a current market price of 100%, this particular instrument implies no explicit yield through capital gain if held to maturity from its current purchase price. Investors are typically able to acquire this bond in a minimum lot size of 10,000 units, facilitating participation in the Korean sovereign debt market. The payment frequency, noted as '1', typically refers to the singular principal repayment at maturity for a zero-coupon structure, absent any interim coupon distributions.