Bond Korea Development Institute 0.95% ( KR310204GB19 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310204GB19 ( in KRW )
Interest rate	0.95% per year ( payment 1 time a year)
Maturity	13/01/2023 - Bond has expired
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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. An analysis of the fixed-income market highlights the recent conclusion of a specific debt instrument, the bond identified by ISIN KR310204GB19, issued by the Korea Development Bank. The Korea Development Bank, a prominent state-owned policy bank established in 1954, plays a crucial role in supporting industrial development and economic growth within South Korea, serving as a key financial institution for the nation's strategic initiatives. This particular bond, denominated in Korean Won (KRW), featured an annual coupon rate of 0.95% and was scheduled to mature on January 13, 2023. At its maturity, the bond's value was precisely 100% of its face value, reflecting its par repayment. As of the latest update, this financial obligation has successfully reached its maturity date and the full principal amount has been repaid to the bondholders, marking the complete fulfillment of its terms and the conclusion of its lifecycle as an actively traded security.