Bond Korea Development Institute 1.11% ( KR310202GA53 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310202GA53 ( in KRW )
Interest rate	1.11% per year ( payment 1 time a year)
Maturity	07/05/2022 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	450 000 000 000 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. A comprehensive review of the KR310202GA53 bond, an obligation issued by the Korea Development Bank, a state-owned financial institution headquartered in South Korea and playing a pivotal role in the nation's economic development through financing key industries and infrastructure projects, reveals its full financial characteristics and lifecycle. This bond, originating from South Korea, was denominated in Korean Won (KRW) and featured a fixed interest rate of 1.11%, with a payment frequency of 1. The total issuance size for this instrument was substantial, amounting to KRW 450,000,000,000, and it had a minimum investment threshold set at KRW 10,000. Having reached its maturity date on May 7, 2022, the bond was fully repaid, reflecting its final market price at 100% upon redemption and thereby fulfilling all its obligations to the bondholders.