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ItalianoBond Industrial Bank of Korea 4.65% ( XS2540120255 ) in USD
| Issuer | Industrial Bank of Korea | ||||||||
| Market price |  100.00 % ⇌ |
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| Country |  Republic of Korea
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| ISIN code |
 XS2540120255 ( in USD )
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| Interest rate | 4.65% per year ( payment 2 times a year) | ||||||||
| Maturity | 30/09/2026 | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 200 000 USD | ||||||||
| Total amount | 30 000 000 USD | ||||||||
| Next Coupon | 30/09/2026 ( In 34 days ) | ||||||||
| 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 investment opportunity is currently available on the market, identified by the ISIN code XS2540120255. This particular bond instrument is issued by the Industrial Bank of Korea, a significant financial institution based in South Korea. The Industrial Bank of Korea (IBK) holds a prominent position within South Korea's financial landscape, established in 1961 as a state-owned financial institution primarily focused on supporting small and medium-sized enterprises (SMEs), which are crucial to the nation's economic growth. Its mandate involves providing comprehensive financial services, including loans, deposits, and investment banking, to a vast network of businesses across various sectors, thereby playing a vital role in national development and job creation. This strategic importance often translates into a strong implied backing from the South Korean government, contributing to its perceived creditworthiness in international markets. Detailing the specifics of this offering, the bond features a competitive annual interest rate of 4.65%, providing investors with regular income. The instrument is denominated in US Dollars (USD), making it accessible to a wide range of international investors and mitigating direct exposure to Korean Won fluctuations for USD-based portfolios. With a maturity date set for September 30, 2026, this bond represents a relatively short to medium-term investment horizon. The total size of this particular issuance stands at $30,000,000, indicating a substantial offering originating from South Korea. Currently trading at its par value of 100% on the market, this bond offers a straightforward entry point for new investors. Interest payments are scheduled with a frequency of two times per year, translating to semi-annual disbursements, which can appeal to investors seeking consistent cash flow. For those considering an allocation, the minimum purchase size for this bond is stipulated at $200,000, setting the entry threshold for potential investors. This bond issue from the Industrial Bank of Korea provides a USD-denominated, fixed-income avenue for investors seeking exposure to a creditworthy sovereign-backed entity within a defined maturity period and attractive coupon rate. |
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