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ItalianoBond Korea Development Institute 1.91% ( KR310202GBB8 ) in KRW
| Issuer | Korea Development Institute |
| Market price | 100 % ⇌ |
| Country |  Republic of Korea
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| ISIN code |
 KR310202GBB8 ( in KRW )
|
| Interest rate | 1.91% per year ( payment 1 time a year) |
| Maturity | 01/05/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| 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. An analysis of the KR310202GBB8 bond, issued by the Korea Development Bank, a prominent state-owned policy bank integral to South Korea's economic development and financial stability, confirms its successful maturity and full repayment. This specific fixed-income instrument, denominated in Korean Won (KRW), carried an annual interest rate of 1.91% and comprised a total issue size of KRW 140,000,000,000, with a minimum purchase amount set at KRW 10,000. Originally traded at a market price of 100%, the bond reached its stipulated maturity date on May 1, 2023, at which point it was fully redeemed, concluding its lifecycle for investors. |