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ItalianoBond Korea Development Institute 0% ( KR310206GD72 ) in KRW
| Issuer | Korea Development Institute |
| Market price | 100 % ▲ |
| Country |  Republic of Korea
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| ISIN code |
 KR310206GD72 ( in KRW )
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| Interest rate | 0% |
| Maturity | 20/07/2024 - 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. The Korea Development Bank (KDB), a premier state-owned financial institution pivotal to South Korea's economic development and industrial advancement, has successfully completed the redemption of its bond identified by ISIN KR310206GD72, which reached its maturity on July 20, 2024. This specific debt instrument, issued from South Korea and denominated in Korean Won (KRW), was notable for its 0% interest rate, indicating its structure as a zero-coupon bond, and was fully repaid to investors at 100% of its face value upon its singular payment event at maturity, thereby concluding the issuer's financial obligation. |