Bond Korea Development Institute 2.24% ( KR310201GC37 ) in KRW

Issuer Korea Development Institute
Market price 100 %  ▲ 
Country  Republic of Korea
ISIN code  KR310201GC37 ( in KRW )
Interest rate 2.24% per year ( payment 1 time a year)
Maturity 10/03/2024 - Bond has expired



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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.

A financial instrument, specifically a bond identified by ISIN KR310201GC37, was issued by the Korea Development Bank (KDB), a prominent state-owned financial institution based in South Korea that plays a crucial role in supporting the nation's industrial development and economic growth, with this particular bond carrying an annual interest rate of 2.24% and being denominated in Korean Won (KRW) with annual interest payments; having reached its scheduled maturity date of March 10, 2024, the obligation was successfully redeemed at 100% of its principal value.