Bond Korea Development Institute 2% ( KR310201D987 ) in KRW
| Issuer | Korea Development Institute |
| Market price | |
| Country | Republic of Korea
|
| ISIN code |
KR310201D987 ( in KRW )
|
| Interest rate | 2% per year ( payment 1 time a year) |
| Maturity | 01/08/2049 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 10 000 KRW |
| Total amount | 50 000 000 000 KRW |
| Next Coupon | 01/08/2026 ( In 229 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. The financial market is currently observing a specific bond issue (ISIN: KR310201D987) from the Korea Development Bank (KDB), a state-owned financial institution of South Korea established in 1954 with the primary mandate to foster national economic development by providing essential financing for strategic industries and infrastructure projects, thereby playing a pivotal role in the nation's economic stability and growth. This particular fixed-income instrument, issued from South Korea and denominated in Korean Won (KRW), is presently trading at its par value of 100% and offers an annual interest rate of 2%, with coupon payments scheduled once a year. The bond represents a substantial total offering size of KRW 50,000,000,000 and is available for purchase with a minimum lot size of KRW 10,000, extending its accessibility to various investor profiles, all maturing on August 1, 2049. |
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