Bond Korea Development Institute 0% ( KR310205GC58 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310205GC58 ( in KRW )
Interest rate	0%
Maturity	06/05/2023 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	400 000 000 000 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 financial instrument, specifically a bond identified by the ISIN code KR310205GC58, issued by the Korea Development Bank (KDB), has successfully completed its lifecycle. The Korea Development Bank, the state-owned policy bank of South Korea, serves as a cornerstone of the nation's economic development, playing a vital role in financing industrial growth, infrastructure projects, and corporate restructuring initiatives within the Republic of Korea, which also served as the country of issuance for this particular bond. Denominated in Korean Won (KRW), this bond had a substantial total issue size of 400,000,000,000 KRW. Designed as a zero-coupon instrument, it featured a 0% interest rate and a single payment event, occurring at its maturity. The minimum acquisition size for investors was set at 10,000 KRW. The bond reached its maturity date on May 6, 2023, at which point its market price stood at 100%, and it has been confirmed that this bond has fully matured and the principal has been repaid to its holders.