Bond Korea Development Institute 0.99% ( KR310202GAB0 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310202GAB0 ( in KRW )
Interest rate	0.99% per year ( payment 1 time a year)
Maturity	03/11/2022 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	280 000 000 000 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. The bond identified by ISIN KR310202GAB0, issued by Korea Development Bank, has officially reached its maturity and been fully redeemed. Korea Development Bank (KDB) is a leading state-owned policy bank in South Korea, playing a crucial role in the nation's economic development by providing essential financing for industrial restructuring, strategic growth sectors, and infrastructure projects, thereby contributing significantly to financial market stability. This specific fixed-income instrument, denominated in Korean Won (KRW), was issued with an interest rate of 0.99% and represented a total issuance size of KRW 280,000,000,000. Investors could participate in this issuance with a minimum purchase amount of KRW 10,000. The bond, which featured an annual payment frequency, reached its scheduled maturity date on November 3, 2022. Upon maturity, the instrument was fully repaid to its bondholders at 100% of its par value, concluding its lifecycle within the South Korean financial market.