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ItalianoBond Korea Development Institute 1.11% ( KR310208GAC5 ) in KRW
| Issuer | Korea Development Institute |
| Market price | 100 % ⇌ |
| Country |  Republic of Korea
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| ISIN code |
 KR310208GAC5 ( in KRW )
|
| Interest rate | 1.11% per year ( payment 1 time a year) |
| Maturity | 18/12/2023 - 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 | 30 000 000 000 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 identified by ISIN KR310208GAC5, issued by the Korea Development Bank, a leading state-owned policy financial institution based in South Korea dedicated to supporting national economic growth and industrial development, confirms its full repayment upon maturity; this Korean Won (KRW) denominated debt instrument, which carried an annual interest rate of 1.11% and was part of a total issuance of 30,000,000,000 KRW, with a stipulated minimum purchase size of 10,000 KRW, reached its maturity on December 18, 2023, at which point it was redeemed at its 100% par value, thus concluding its lifecycle as a financial obligation. |