Bond Korea Development Institute 0% ( KR310209AA52 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310209AA52 ( in KRW )
Interest rate	0%
Maturity	18/05/2021 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	400 000 000 000 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. This financial analysis focuses on a specific bond identified by ISIN KR310209AA52, classified as an obligation. The issuer of this instrument is Korea Development Bank (KDB), a prominent state-owned policy bank of South Korea, established in 1954 with the core mandate to facilitate national economic growth, provide crucial industrial funding, and contribute to the stability of the financial markets within its country of emission, South Korea. The bond was denominated in Korean Won (KRW) and notably featured a 0% interest rate, indicating its structure as a zero-coupon bond. The total volume of this particular issuance reached KRW 400,000,000,000, with investors able to purchase units in minimum increments of KRW 10,000. Its scheduled maturity date was May 18, 2021, at which point the bond completed its term. As confirmed, this obligation has indeed arrived at maturity and was successfully repaid to its holders at 100% of its principal value, representing its final redemption and the conclusion of its lifecycle.