Bond Korea Development Institute 2.4% ( KR310203G556 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310203G556 ( in KRW )
Interest rate	2.4% per year ( payment 1 time a year)
Maturity	31/05/2025 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	30 000 000 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 KR310203G556, a fixed-income instrument issued by the Korea Development Bank, has officially reached its maturity date of May 31, 2025, and has been successfully repaid to its bondholders. This particular obligation, denominated in Korean Won (KRW), featured an annual interest rate (coupon) of 2.4% and represented an original total issue size of KRW 30,000,000. Structured with a minimum purchase requirement of KRW 10,000, it aimed to attract a diverse investor base, and throughout its tenure, the bond consistently traded at its par value, reflecting stable market confidence in the issuer. The Korea Development Bank (KDB), the issuer of this bond, is a state-owned policy bank established in 1954, serving as a cornerstone of South Korea's economic development by providing essential financial services to strategic industries, infrastructure projects, and corporate restructuring initiatives. Headquartered in Seoul, KDB plays a pivotal role in implementing government economic policies and supporting the nation's long-term growth objectives. The timely fulfillment of this bond obligation further solidifies KDB's reputation as a reliable and creditworthy entity in the global financial markets, reinforcing the stability and integrity associated with debt instruments issued by South Korean sovereign-backed institutions.