Bond Korea Development Institute 3.7% ( HK0000892668 ) in CNY

Issuer	Korea Development Institute
Market price	100 % ▲
Country	Republic of Korea
ISIN code	HK0000892668 ( in CNY )
Interest rate	3.7% per year ( payment 1 time a year)
Maturity	30/11/2027
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Next Coupon	30/11/2026 ( In 351 days )
Detailed description	The Korea Development Bank (KDB) is a policy-based financial institution that provides financial support and policy financing to Korean companies, primarily focusing on industrial development and economic growth. This financial analysis centers on a specific debt instrument, identified by the International Securities Identification Number (ISIN) HK0000892668, issued by the Korea Development Bank. This bond, classified as an obligation, is denominated in Chinese Yuan (CNY) and is presently trading at its par value of 100% on the market. It offers a fixed annual interest rate of 3.7% and is scheduled to mature on November 30, 2027. Interest payments are structured to occur annually, providing consistent returns to investors. The country of issuance for this security is South Korea. The issuer, Korea Development Bank (KDB), is a preeminent state-owned policy bank of South Korea, established in 1954. Its core mission is to facilitate the development and stabilization of the Korean economy by providing crucial financial support to key industries, large-scale infrastructure projects, and corporate restructuring initiatives. Given its direct ownership by the South Korean government, KDB is widely recognized for its robust credit profile and systemic importance within the nation's financial landscape, effectively acting as a pivotal instrument of state economic policy and a significant player in the global debt markets. The bond's current market price at par indicates that its yield is effectively aligned with its coupon rate, reflecting its perceived value in the prevailing market environment for a sovereign-backed entity from South Korea issuing in CNY, offering a clear and predictable investment horizon until its maturity.