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ItalianoBond Korea Industrial Bank 0.5% ( XS2400290065 ) in USD
| Issuer | Korea Industrial Bank |
| Market price | 100 % ⇌ |
| Country |  Republic of Korea
|
| ISIN code |
 XS2400290065 ( in USD )
|
| Interest rate | 0.5% per year ( payment 2 times a year) |
| Maturity | 19/10/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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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. An bond identified by ISIN XS2400290065, issued by the Industrial Bank of Korea (IBK), a prominent South Korean state-owned financial institution primarily dedicated to supporting small and medium-sized enterprises and fostering industrial development in the country, has concluded its lifecycle. This USD-denominated debt instrument, originating from South Korea, was part of a total issuance size of $50,000,000, with a minimum investment threshold set at $200,000. It featured a coupon rate of 0.5% and provided interest payments semi-annually. The bond, which was last noted at 100% of its par value, reached its maturity date on October 19, 2023, and has since been fully redeemed, signifying the complete repayment of principal to its bondholders. |