Bond Korea Development Institute 0% ( KR310201AC41 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310201AC41 ( in KRW )
Interest rate	0%
Maturity	07/04/2023 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	410 000 000 000 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. An analysis of the debt obligation identified by ISIN KR310201AC41 reveals its issuance by the Korea Development Bank, a prominent state-owned financial institution headquartered in South Korea, primarily dedicated to funding national economic development projects. This specific bond, denominated in Korean Won (KRW) and issued from South Korea, represented a substantial total issuance size of KRW 410,000,000,000, with a minimum purchase amount set at KRW 10,000. Characterized by a 0% interest rate and a single payment frequency, this instrument reached its maturity date on April 7, 2023, and, having been valued at 100% on the market, has since been fully repaid.