Bond Korea Development Institute 1.53% ( KR310209GB89 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310209GB89 ( in KRW )
Interest rate	1.53% per year ( payment 1 time a year)
Maturity	23/08/2024 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	130 000 000 000 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. The KR310209GB89 bond, issued by Korea Development Bank (KDB), a state-owned financial institution in South Korea pivotal to the nation's economic development and industrial finance, successfully matured and was fully redeemed on August 23, 2024. This debt instrument, denominated in Korean Won (KRW) and issued from South Korea, carried a fixed annual interest rate of 1.53% with payments occurring once per year. The bond represented a significant issuance, with a total size of KRW 130,000,000,000 and a minimum purchase threshold of KRW 10,000. Confirming its status at maturity, the bond was repaid at 100% of its face value, reflecting the timely fulfillment of obligations by Korea Development Bank and underscoring its reliability in the global debt markets.