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ItalianoBond Korea Development Institute 3.59% ( KR310204GC83 ) in KRW
| Issuer | Korea Development Institute |
| Market price | 100 % ▲ |
| Country |  Republic of Korea
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| ISIN code |
 KR310204GC83 ( in KRW )
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| Interest rate | 3.59% per year ( payment 1 time a year) |
| Maturity | 11/08/2025 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| 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. This financial instrument, identified by the ISIN KR310204GC83, represents an obligation issued by the Korea Development Bank (KDB), a prominent state-owned financial institution in South Korea. Established with the mandate to support the nation's economic development, KDB plays a crucial role in financing major industrial projects, infrastructure development, and corporate restructuring initiatives, thereby underpinning the country's economic stability and growth; its close affiliation with the South Korean government typically positions its debt instruments as highly creditworthy. The bond, denominated in Korean Won (KRW), offers a fixed annual coupon rate of 3.59% and is set to mature on August 11, 2025. Currently, it is trading at its par value, evidenced by a market price of 100%, and provides interest payments with an annual frequency. |