Bond KEXEM 0% ( XS2235997884 ) in USD

Issuer	KEXEM
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	XS2235997884 ( in USD )
Interest rate	0%
Maturity	29/10/2050
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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.