Bond Korea Development Institute 3.55% ( KR310204D437 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310204D437 ( in KRW )
Interest rate	3.55% per year ( payment 1 time a year)
Maturity	31/03/2024 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	276 000 000 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 bond, identified by ISIN KR310204D437, issued by the Korea Development Bank, reached its scheduled maturity date on March 31, 2024, and has subsequently been fully redeemed. The Korea Development Bank (KDB), a state-owned development bank based in South Korea, serves as a cornerstone institution in the nation's economic framework, primarily tasked with fostering industrial development, providing financial support for strategic industries, and driving key infrastructure projects within the country. This particular bond, denominated in Korean Won (KRW), carried an annual interest rate of 3.55% and was part of a total issue size amounting to KRW 276,000,000. With a minimum investment threshold of KRW 10,000, the bond's repayment at its 100% market price confirms its successful completion and the fulfillment of its obligations to bondholders.