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ItalianoBond KEXIM 0% ( XS2235997884 ) in USD
| Issuer | KEXIM | ||||||||||
| Market price |  100.00 % ⇌ |
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| Country |  Republic of Korea
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| ISIN code |
 XS2235997884 ( in USD )
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| Interest rate | 0% | ||||||||||
| Maturity | 29/10/2050 | ||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 10 000 000 USD | ||||||||||
| Total amount | 50 000 000 USD | ||||||||||
| Detailed description |
KEXIM, the Korea Export-Import Bank, is a South Korean government-owned policy bank that provides financial support for the country's export-oriented industries and overseas economic development projects. This financial article outlines the specifics of a bond, identified by ISIN XS2235997884, issued by KEXIM, the Export-Import Bank of Korea, a state-owned policy bank integral to South Korea's economic development, with the bond currently trading at 100% of its par value in USD, notably structured as a zero-coupon instrument due to its 0% interest rate, meaning no periodic interest payments are made despite a stated semi-annual payment frequency, part of a total issuance amounting to USD 50,000,000, and requiring a minimum investment of USD 10,000,000, with its final maturity set for October 29, 2050. |
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