Bond Korea Development Institute 2.13% ( KR310208J682 ) in KRW
| Issuer | Korea Development Institute |
| Market price | |
| Country | Republic of Korea
|
| ISIN code |
KR310208J682 ( in KRW )
|
| Interest rate | 2.13% per year ( payment 1 time a year) |
| Maturity | 19/08/2036 |
|
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 | 60 000 000 000 KRW |
| Next Coupon | 19/08/2026 ( In 246 days ) |
| 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. Market participants are observing the bond issuance by the Korea Development Bank (KDB), identified by ISIN KR310208J682, which underscores the South Korean state-owned policy bank's continued engagement in the national and international financial markets. The Korea Development Bank stands as a cornerstone of South Korea's economic development, functioning as a strategically important institution tasked with financing key industries, driving infrastructure projects, and facilitating corporate restructuring efforts essential for national growth; its implicit backing by the South Korean government typically positions its debt instruments as highly creditworthy. This specific fixed-income instrument is denominated in Korean Won (KRW), carries an annual coupon interest rate of 2.13 percent, and is scheduled to mature on August 19, 2036, offering a long-term investment horizon. The total size of this particular bond issuance amounts to 60,000,000,000 KRW, providing significant liquidity in the market, while the minimum investment size for purchasers is set at 10,000 KRW. Currently, the bond is quoted at 100% of its face value on the market, indicating that it is trading at par, and interest payments are structured to occur annually, providing a regular income stream to investors. |
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