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ItalianoBond Korea Development Institute 1.6% ( KR310209GB97 ) in KRW
| Issuer | Korea Development Institute |
| Market price | 100 % ⇌ |
| Country |  Republic of Korea
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| ISIN code |
 KR310209GB97 ( in KRW )
|
| Interest rate | 1.6% per year ( payment 1 time a year) |
| Maturity | 13/03/2024 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 10 000 KRW |
| Total amount | 170 000 000 000 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 a specific fixed-income security reveals details pertaining to a bond issued by Korea Development Bank, a prominent state-owned policy bank headquartered in South Korea, primarily responsible for providing industrial finance and promoting key strategic industries crucial for the nation's economic development and stability. This particular bond, identified by the ISIN KR310209GB97 and denominated in Korean Won (KRW), carried an annual interest rate of 1.6% with payments occurring once per year, and represented a total issuance size of KRW 170,000,000,000. Investors could participate with a minimum purchase amount of KRW 10,000. Issued from South Korea, this instrument reached its scheduled maturity on March 13, 2024, at which point it was fully repaid at 100% of its principal value, confirming its complete redemption upon expiry. |