Bond Korea Development Institute 3.89% ( KR310201GD69 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ▲
Country	Republic of Korea
ISIN code	KR310201GD69 ( in KRW )
Interest rate	3.89% per year ( payment 1 time a year)
Maturity	08/06/2028
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Minimal amount	/
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Next Coupon	08/06/2026 ( In 176 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. Analysis of Korea Development Bank's KRW-Denominated Bond (ISIN: KR310201GD69) Investors seeking robust fixed-income opportunities are closely examining the debt instruments issued by key financial institutions, and the Korea Development Bank (KDB) is a prominent entity in this landscape. This particular bond, identified by its International Securities Identification Number (ISIN) KR310201GD69, presents a clear profile for potential portfolio inclusion, underpinned by its issuer's significant role in the South Korean economy. The Issuer: Korea Development Bank The Korea Development Bank stands as a cornerstone of South Korea's national financial infrastructure. Established as a state-owned policy bank, KDB?s primary mandate extends beyond traditional commercial banking to encompass the facilitation of industrial development, economic stabilization, and the implementation of key government policies aimed at fostering growth and innovation. KDB plays a crucial role in providing long-term financing for major infrastructure projects, strategic industries, and fostering the growth of small and medium-sized enterprises (SMEs). Its operations are integral to the nation's economic planning, and its debt instruments are generally perceived to carry a strong implicit sovereign backing, contributing significantly to their creditworthiness and attractiveness in the global debt markets. Bond Specifics and Market Context The bond under review, ISIN KR310201GDGD69, is a standard fixed-income obligation issued directly by the Korea Development Bank. It is denominated in Korean Won (KRW), aligning it with the domestic currency of its issuer and country of issuance, South Korea. This denomination implies that for international investors, currency exchange rate fluctuations between KRW and their base currency will be a factor in their overall return. The bond currently offers a fixed annual interest rate, or coupon, of 3.89%. This rate provides a predictable income stream for bondholders over the life of the instrument. A notable characteristic of this bond's current market standing is its price: it is presently trading at 100% of its par value. This indicates that the bond is trading "at par," meaning its market price precisely matches its face value. In such a scenario, assuming annual coupon payments, the bond's yield to maturity (YTM) is effectively equal to its coupon rate of 3.89%, offering a straightforward return profile for investors acquiring the bond at this price point. The maturity date for this bond is set for June 8, 2028, placing it firmly within the medium-term duration category. This duration offers a balance between the stability of shorter-term instruments and the higher yield potential, but also increased interest rate sensitivity, of longer-term bonds. Interest payments are scheduled annually, ensuring a consistent cash flow for investors. Issued from South Korea, this bond benefits from the association with one of Asia's most dynamic and technologically advanced economies, further solidifying its appeal as a stable investment within a diversified portfolio.