Bond Korea Development Institute 0% ( KR310203ABC7 ) in KRW
| Issuer | Korea Development Institute |
| Market price | 100 % ⇌ |
| Country | Republic of Korea
|
| ISIN code |
KR310203ABC7 ( in KRW )
|
| Interest rate | 0% |
| Maturity | 26/09/2022 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 10 000 KRW |
| Total amount | 360 000 000 000 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. Details regarding a specific bond issuance by the Korea Development Bank (KDB), a prominent state-owned policy financial institution critical to South Korea's industrial advancement and economic stability, indicate an instrument with ISIN KR310203ABC7, issued from South Korea, denominated in Korean Won (KRW), which carried a 0% interest rate, characteristic of a zero-coupon bond, had a total issuance size of KRW 360,000,000,000, a minimum purchase size of KRW 10,000, was observed trading at 100% of its par value, and despite a stated payment frequency of 1, effectively meaning a single payment at maturity for this zero-coupon structure, matured on September 26, 2022, and has since been fully repaid, completing its financial obligations. |
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Republic of Korea