Bond Korea Development Institute 2.2% ( KR310204D528 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310204D528 ( in KRW )
Interest rate	2.2% per year ( payment 1 time a year)
Maturity	28/02/2025 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	1 000 000 000 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 bond identified by the ISIN KR310204D528, issued by the Korea Development Bank, a prominent state-owned development finance institution based in South Korea and a key pillar in the nation's economic and industrial advancement, has concluded its lifecycle. This fixed-income instrument, denominated in Korean Won (KRW), featured an annual interest rate (coupon) of 2.2% and was part of a total issuance volume of KRW 1,000,000,000. The minimum subscription amount for this bond was KRW 10,000. With a stated maturity date of February 28, 2025, and an annual payment frequency, this obligation has recently reached its full maturity and has been entirely redeemed by the issuer, with its final market value reflecting repayment at 100% of its face value, signaling the successful completion of its financial commitments.