Bond Korea Development Institute 1% ( KR310207GA90 ) in KRW
| Issuer | Korea Development Institute |
| Market price | 100 % ⇌ |
| Country | Republic of Korea
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| ISIN code |
KR310207GA90 ( in KRW )
|
| Interest rate | 1% per year ( payment 1 time a year) |
| Maturity | 04/03/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 10 000 KRW |
| Total amount | 80 000 000 000 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. An analysis of the bond market reveals the particulars of the KR310207GA90 bond, an obligation issued by the Korea Development Bank (KDB), a prominent state-owned financial institution playing a pivotal role in South Korea's economic and industrial advancement. This specific instrument, issued in South Korea and denominated in Korean Won (KRW), featured an interest rate of 1% with an annual payment frequency. The total issue size for this bond was KRW 80,000,000,000, designed with a minimum purchase size of KRW 10,000. It reached its maturity on March 4, 2023, at which point its market price was recorded at 100% of par value, confirming that this obligation has successfully matured and been fully repaid. |
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