Bond Korea Development Institute 1.12% ( KR310202GA38 ) in KRW
| Issuer | Korea Development Institute |
| Market price | 100 % ⇌ |
| Country | Republic of Korea
|
| ISIN code |
KR310202GA38 ( in KRW )
|
| Interest rate | 1.12% per year ( payment 1 time a year) |
| Maturity | 04/03/2022 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 10 000 KRW |
| Total amount | 140 000 000 000 KRW |
| 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 summary outlines a KRW-denominated bond (ISIN: KR310202GA38) issued by the Korea Development Bank, a key state-owned policy bank in South Korea instrumental in financing national infrastructure and economic growth, which bore an interest rate of 1.12% and had an initial total issue size of KRW 140,000,000,000 with a minimum purchase size of KRW 10,000, and though its market price was noted at 100%, the bond reached its maturity on March 4, 2022, and has since been fully repaid, having concluded its lifecycle with annual interest payments. |
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