Bond Korea Development Institute 5.675% ( KR3102054T79 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR3102054T79 ( in KRW )
Interest rate	5.675% per year ( payment 1 time a year)
Maturity	04/07/2022 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	20 000 000 000 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. The Korea Development Bank (KDB) Bond, identified by ISIN KR3102054T79, successfully reached its maturity on July 4, 2022, and has been fully redeemed. As a prominent state-owned financial institution based in South Korea, the Korea Development Bank plays a pivotal role in supporting the nation's economic development through industrial financing, infrastructure projects, and corporate restructuring, thereby underpinning the stability and creditworthiness of its issued debt instruments. This specific bond, denominated in Korean Won (KRW), carried a fixed annual interest rate of 5.675% and was issued from South Korea, reflecting its domestic origin and the issuer's primary operational base. The total issuance size for this particular series amounted to KRW 20,000,000,000, with a minimum subscription denomination set at KRW 10,000, making it accessible to a range of investors. Upon its maturity, the bond was reported at a market price of 100%, signifying that it was repaid at its full face value, confirming the successful conclusion of its lifecycle and the complete fulfillment of the issuer's obligations to bondholders.