Bond Korea Expressways 0% ( XS1143485206 ) in CHF

Issuer	Korea Expressways
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	XS1143485206 ( in CHF )
Interest rate	0%
Maturity	05/12/2016 - Bond has expired
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Minimal amount	200 000 CHF
Total amount	50 000 000 CHF
Detailed description	Korea Expressway Corporation operates and maintains South Korea's extensive network of toll expressways. A detailed financial overview is presented for the bond identified by ISIN code XS1143485206, which has reached its maturity and been fully redeemed. This debt instrument was issued by Korea Expressway, a prominent public corporation established under the Ministry of Land, Infrastructure and Transport, responsible for the development, construction, operation, and maintenance of South Korea's national expressway network, thereby serving as a vital component of the nation's infrastructure and implying a strong implicit government backing. The bond, denominated in Swiss Francs (CHF), represented a total issuance size of CHF 50,000,000, with a minimum purchase size set at CHF 200,000. Characterized by a 0% interest rate, this was structured as a zero-coupon bond, meaning no periodic interest payments were made, and its valuation was based on a discount to its face value, with a single principal repayment occurring at maturity. The bond reached its scheduled maturity date on December 5, 2016, at which point it was repaid to investors at 100% of its face value, confirming its successful redemption.