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ItalianoBond Industrial Bank of Korea 1.74% ( XS2117477732 ) in USD
| Issuer | Industrial Bank of Korea | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country |  Republic of Korea
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| ISIN code |
 XS2117477732 ( in USD )
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| Interest rate | 1.74% per year ( payment 2 times a year) | ||||||
| Maturity | 18/02/2021 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 200 000 USD | ||||||
| Total amount | 50 000 000 USD | ||||||
| Detailed description |
The Industrial Bank of Korea (IBK) is a South Korean government-owned commercial bank specializing in financing small and medium-sized enterprises (SMEs) and infrastructure projects. A fixed-income instrument identified by ISIN XS2117477732, issued by Industrial Bank of Korea, a leading South Korean state-owned financial institution primarily dedicated to supporting small and medium-sized enterprises (SMEs), has successfully reached its maturity date on February 18, 2021, and has since been fully redeemed. This United States Dollar (USD) denominated bond, which originally carried an annual interest rate of 1.74% paid semi-annually, represented a total issuance size of USD 50,000,000, with a minimum investment threshold set at USD 200,000 per purchase. The bond, issued from South Korea, was redeemed at its par value of 100% upon maturity, confirming the full repayment of principal to bondholders. |
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