Bond Korea Development Institute 3.65% ( KR310208GC71 ) in KRW

Issuer Korea Development Institute
Market price 100 %  ▲ 
Country  Republic of Korea
ISIN code  KR310208GC71 ( in KRW )
Interest rate 3.65% per year ( payment 1 time a year)
Maturity 14/07/2025 - Bond has expired



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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 Korea Development Bank (KDB), a state-owned financial institution serving as a cornerstone of South Korea's industrial development and economic growth, recently fulfilled its obligations regarding the bond identified by ISIN KR310208GC71. Issued in Korean Won (KRW) from South Korea, this debt instrument, which carried a fixed annual interest rate of 3.65% and was scheduled to mature on July 14, 2025, has successfully reached its maturity and been fully repaid. At the point of repayment, the bond was settled at 100% of its principal value, confirming a complete return to bondholders. KDB's consistent ability to honor its commitments, as demonstrated by the timely redemption of this security, reinforces its strong financial standing and its crucial role in providing long-term funding for strategic national projects.