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ItalianoBond Korea Development Institute 0% ( KR310208GA73 ) in KRW
| Issuer | Korea Development Institute |
| Market price | 100 % ⇌ |
| Country |  Republic of Korea
|
| ISIN code |
 KR310208GA73 ( in KRW )
|
| Interest rate | 0% |
| Maturity | 17/07/2021 - 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 | 300 000 000 000 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. The bond, identified by ISIN KR310208GA73 and denominated in Korean Won (KRW), was issued by the Korea Development Bank (KDB), a state-owned policy bank critical to South Korea's economic development, particularly in fostering strategic industries, infrastructure, and corporate restructuring, thereby enjoying significant governmental backing; this specific issuance, totaling KRW 300,000,000,000 with a minimum purchase size of KRW 10,000, featured a 0% interest rate and a payment frequency of 1, and despite these terms, it successfully reached its maturity on July 17, 2021, and was fully repaid at its face value, as reflected by its 100% market price at the time of redemption, underscoring the issuer's commitment to its financial obligations. |