Bond Woori Financial 0% ( XS2132509147 ) in USD

Issuer Woori Financial
Market price 100 %  ⇌ 
Country  Republic of Korea
ISIN code  XS2132509147 ( in USD )
Interest rate 0%
Maturity 10/03/2023 - Bond has expired



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Minimal amount 200 000 USD
Total amount 15 000 000 USD
Detailed description Woori Bank is South Korea's largest bank by assets, offering a wide range of financial services including retail banking, corporate banking, investment banking, and wealth management both domestically and internationally.

A financial instrument identified by ISIN XS2132509147, issued by the prominent South Korean financial institution Woori Bank, has successfully reached its maturity date and been fully repaid. Woori Bank, headquartered in South Korea, stands as one of the country's largest and most established commercial banks, boasting a history stretching back over a century and playing a pivotal role in the Korean financial landscape by offering a comprehensive suite of banking and financial services to corporate and retail clients, both domestically and internationally; its extensive operations across various segments like corporate finance, retail banking, investment banking, and international services underpin its reputation as a significant player in global financial markets. This particular bond, denominated in US Dollars (USD) and originating from South Korea, was issued with a total offering size of $15,000,000 and notably featured a 0% interest rate, classifying it as a zero-coupon bond where investors typically purchase the bond at a discount and receive the face value at maturity, with the yield derived from this embedded discount. The minimum purchase size for this issuance was set at $200,000, indicating its likely targeting of institutional or high-net-worth investors, and despite a listed payment frequency of 2, the 0% interest rate confirms that no periodic coupon payments were disbursed throughout the bond's term, with the full principal amount due at its scheduled maturity on March 10, 2023. At the time of its maturity, market data indicated a current market price of 100%, confirming that the principal was repaid at par, thus fulfilling the issuer's obligations to bondholders and underscoring the reliability and creditworthiness associated with issuances from established entities like Woori Bank within the international fixed-income market.