Bond Korea Development Institute 0% ( KR310201AA43 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310201AA43 ( in KRW )
Interest rate	0%
Maturity	01/04/2021 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	400 000 000 000 KRW
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. The KR310201AA43 bond, classified as a fixed-income obligation, was issued by the Korea Development Bank (KDB), a prominent state-owned financial institution in South Korea integral to the nation's industrial and economic development. This particular bond, denominated in Korean Won (KRW), had a total issue size of KRW 400,000,000,000, with a minimum acquisition threshold set at KRW 10,000. Characterized by a 0% interest rate and a payment frequency of one, the bond's market price was reported at 100% upon its maturity on April 1, 2021, at which point it was fully redeemed and repaid.