Bond Korea Industrial Bank 4.65% ( XS2540120255 ) in USD

Issuer	Korea Industrial Bank
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	XS2540120255 ( in USD )
Interest rate	4.65% per year ( payment 2 times a year)
Maturity	30/09/2026
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	200 000 USD
Total amount	30 000 000 USD
Next Coupon	30/09/2026 ( In 70 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.