Bond Korea Development Institute 2% ( KR310201D987 ) in KRW

Issuer Korea Development Institute
Market price refresh price now   100 %  ⇌ 
Country  Republic of Korea
ISIN code  KR310201D987 ( in KRW )
Interest rate 2% per year ( payment 1 time a year)
Maturity 01/08/2049



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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.