Bond Korea Development Institute 1.72% ( KR310207GB99 ) in KRW
| Issuer | Korea Development Institute |
| Market price | 100 % ⇌ |
| Country | Republic of Korea
|
| ISIN code |
KR310207GB99 ( in KRW )
|
| Interest rate | 1.72% per year ( payment 1 time a year) |
| Maturity | 09/09/2025 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 10 000 KRW |
| Total amount | 160 000 000 000 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 an overview of a specific fixed-income instrument, an obligation identified by its ISIN code KR310207GB99, issued by the Korea Development Bank. The Korea Development Bank (KDB) is a critically important state-owned policy bank, established in 1954, which plays a pivotal role in fostering South Korea's economic development by providing essential financing for major infrastructure projects, supporting strategic industries, and aiding small and medium-sized enterprises. Given its governmental backing and significant contribution to the national economy, KDB's debt instruments are typically viewed as robust. This particular bond, originating from South Korea, is currently observed to be trading at par, specifically 100% of its face value in Korean Won (KRW). It offers a fixed annual interest rate of 1.72%. The total size of this issuance is substantial, amounting to 160,000,000,000 KRW, with a minimum investment threshold set at 10,000 KRW, enhancing its accessibility for various investor profiles. The bond is slated to reach its maturity on September 9, 2025, and provides annual coupon payments, ensuring a predictable income stream for its holders until repayment. |
Français
Italiano
Republic of Korea