Bond Korea Development Institute 2.55% ( KR310207G7B3 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310207G7B3 ( in KRW )
Interest rate	2.55% per year ( payment 1 time a year)
Maturity	03/11/2022 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	130 000 000 000 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. This financial article provides a detailed review of the bond identified by ISIN code KR310207G7B3, a fixed-income instrument issued by the Korea Development Bank, a prominent state-owned policy bank established to support industrial development and promote financial stability within South Korea, its country of issuance; denominated in Korean Won (KRW), this bond featured an interest rate of 2.55%, a substantial total issue size of KRW 130,000,000,000, and a minimum purchase size of KRW 10,000, with a noted market price of 100% and an annual payment frequency, the instrument reached its maturity on November 3, 2022, and has since been fully redeemed, thereby completing its lifecycle and returning capital to its bondholders.