Bond Korea Development Institute 0.89% ( KR310202GA79 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310202GA79 ( in KRW )
Interest rate	0.89% per year ( payment 1 time a year)
Maturity	06/07/2022 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	270 000 000 000 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. An analysis of the KR310202GA79 bond, issued by the Korea Development Bank, provides a clear view into a segment of the South Korean debt market. The Korea Development Bank, a prominent state-owned financial institution headquartered in South Korea, is instrumental in fostering national economic development through strategic financing and support for key industries, which underpins the strong credit profile of its issued debt instruments. This particular bond, denominated in Korean Won (KRW), featured an annual interest rate of 0.89% and represented a substantial total issuance size of KRW 270,000,000,000, catering to a broad investor base with a minimum purchase increment set at KRW 10,000. Operating within its issuing country of South Korea, the bond maintained a market price of 100% as it approached its scheduled conclusion. With its definitive maturity date on July 6, 2022, this financial instrument has now successfully completed its term and has been fully repaid to its holders, signifying the fulfillment of all its principal and interest obligations by the issuer.