Bond Korea Trade Bank 5.125% ( XS1120951014 ) in NZD

Issuer	Korea Trade Bank
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	XS1120951014 ( in NZD )
Interest rate	5.125% per year ( payment 1 time a year)
Maturity	14/10/2019 - Bond has expired
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Minimal amount	200 000 NZD
Total amount	100 000 000 NZD
Detailed description	The Export-Import Bank of Korea (KEXIM) is a policy bank that provides financial support to Korean companies engaged in export and import activities, aiming to promote the nation's economic growth and international competitiveness. This financial article details a specific obligation, identified by ISIN XS1120951014, which was issued by The Export-Import Bank of Korea (KEXIM), a key official export credit agency based in South Korea dedicated to fostering the country's economic development through supporting international trade and overseas investment projects; this NZD-denominated bond, initially issued with a total size of 100,000,000 and a minimum purchase threshold of 200,000, paid an annual interest rate of 5.125% before reaching its maturity date of October 14, 2019, at which point it was fully redeemed at its 100% market price.