Bond Korea Development Institute 3% ( KR310203DC12 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ▲
Country	Republic of Korea
ISIN code	KR310203DC12 ( in KRW )
Interest rate	3% per year ( payment 1 time a year)
Maturity	19/01/2052
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Minimal amount	/
Total amount	/
Next Coupon	19/01/2026 ( In 36 days )
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 long-term fixed-income instrument, identified by the ISIN KR310203DC12, has been issued by the Korea Development Bank. The Korea Development Bank (KDB), a state-owned financial institution headquartered in South Korea, plays a pivotal role in the nation's economic development by providing essential financing for strategic industries, infrastructure projects, and corporate restructuring. As a key policy bank, KDB is instrumental in supporting government initiatives aimed at fostering national economic growth and maintaining financial stability. This specific bond, denominated in Korean Won (KRW), carries an annual interest rate of 3% and is scheduled to mature on January 19, 2052, offering a significant duration for investors. Interest payments are structured to occur annually. Currently, the bond is trading at 100% of its par value on the market, reflecting its pricing at par.