Bond Korea Development Institute 2.86% ( KR310201DBB7 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310201DBB7 ( in KRW )
Interest rate	2.86% per year ( payment 1 time a year)
Maturity	29/11/2041
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Minimal amount	10 000 KRW
Total amount	10 000 000 000 KRW
Next Coupon	29/11/2026 ( In 349 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. An informative analysis of the bond market highlights a significant offering from the Korea Development Bank, a prominent state-owned policy bank established in South Korea with the core mandate to facilitate industrial development and fortify the national economy through strategic financing. This particular debt instrument, identified by ISIN KR310201DBB7, is denominated in Korean Won (KRW) and presently trades at 100% of its par value. Carrying an annual coupon rate of 2.86% with a payment frequency of once per year, the bond has a maturity date of November 29, 2041, stemming from a total issuance size of KRW 10,000,000,000, and is available for purchase in minimum increments of KRW 10,000.