Bond Korea Development Institute 3.47% ( KR310202GD43 ) in KRW

Issuer Korea Development Institute
Market price 100 %  ▲ 
Country  Republic of Korea
ISIN code  KR310202GD43 ( in KRW )
Interest rate 3.47% per year ( payment 1 time a year)
Maturity 12/10/2024 - Bond has expired



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Minimal amount /
Total amount 440 000 000 000 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 specific debt instrument, identified by its ISIN KR310202GD43, issued by the Korea Development Bank, has recently reached its maturity and been fully redeemed. The Korea Development Bank (KDB), the issuer of this obligation, is a leading state-owned financial institution based in South Korea, primarily focused on supporting the nation's economic development through industrial financing, infrastructure investment, and fostering strategic industries. This particular bond, denominated in Korean Won (KRW), carried a fixed annual interest rate of 3.47% and represented a total issue size of KRW 440,000,000,000. Originating from South Korea, the bond maintained a consistent market price of 100% of its par value throughout its tenure leading up to maturity. With its scheduled maturity date on October 12, 2024, and an annual payment frequency, the bond completed its lifecycle, ensuring that all principal and final interest payments were disbursed to bondholders, thus affirming the issuer's timely fulfillment of its financial commitments.