Bond Koreana 0% ( KRC0350C5135 ) in KRW

Issuer	Koreana
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KRC0350C5135 ( in KRW )
Interest rate	0%
Maturity	10/03/2051
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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 market analysis focuses on a specific debt instrument, identified by its ISIN code KRC0350C5135, issued by the sovereign entity of Korea. The Republic of Korea, the issuer, is recognized as a highly developed economy in East Asia, characterized by a robust industrial base, leading technological innovation, and a generally stable political and economic environment, which underpins its strong credit standing in international financial markets. This particular bond, denominated in Korean Won (KRW), is currently trading at 100% of its par value. A notable feature of this instrument is its stated 0% interest rate, classifying it as a non-interest-bearing bond, which means investors do not receive periodic coupon payments. While zero-coupon bonds are typically issued at a discount to their face value to generate a yield for investors upon maturity, this bond's current market price at 100% suggests it provides no explicit interest income or capital gain at the current valuation if held to its distant maturity date of March 10, 2051. The bond specifies a minimum purchase size of 10,000 KRW, making it accessible to a range of investors. The indicated payment frequency of '1' for this non-interest-bearing bond refers to the single principal repayment at its long-term maturity, rather than recurring interest disbursements.