Bond Korea Development Institute 0% ( KR310208GB31 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310208GB31 ( in KRW )
Interest rate	0%
Maturity	22/03/2022 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	100 000 000 000 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 fixed-income market reveals the recent conclusion of a bond issuance by the Korea Development Bank (KDB), a prominent state-owned policy bank fundamental to South Korea's economic and industrial development since its establishment in 1954. KDB plays a critical role in providing long-term financing for major national projects, fostering strategic industries, and supporting corporate restructuring, thereby acting as a cornerstone of the nation's financial infrastructure. The specific bond in question, identified by ISIN code KR310208GB31, was denominated in Korean Won (KRW) and represented a total issuance size of KRW 100,000,000,000. Characterized by a zero-coupon structure, this bond carried a stated interest rate of 0%, implying that investors anticipated receiving the full principal amount at maturity rather than recurring interest distributions. With a minimum purchase threshold of KRW 10,000, the instrument was initially priced at 100% of its face value. The maturity date for this obligation was March 22, 2022. It is confirmed that this bond has successfully reached its maturity and has been fully redeemed, ensuring its complete repayment to bondholders.