Bond Korea Development Institute 3.32% ( KR310201DC22 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ▲
Country	Republic of Korea
ISIN code	KR310201DC22 ( in KRW )
Interest rate	3.32% per year ( payment 1 time a year)
Maturity	16/02/2042
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Next Coupon	16/02/2026 ( In 63 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. This financial instrument represents a bond, uniquely identified by its International Securities Identification Number (ISIN) KR310201DC22. The esteemed issuer of this security is the Korea Development Bank (KDB), a prominent state-owned policy bank in South Korea. KDB plays a crucial role in the nation's economic progress, primarily through providing financing for major industrial projects, infrastructure development, and corporate restructuring, thereby underpinning various strategic sectors of the Korean economy and often acting as a cornerstone of the country's financial stability. The bond was issued in South Korea and is currently trading at its par value of 100% on the market. Denominated in Korean Won (KRW), it offers a fixed annual interest rate of 3.32%. The maturity date for this bond is set for February 16, 2042, with interest payments structured to occur once per year.