Bond Korea Development Institute 3.73% ( KR310210G742 ) in KRW
| Issuer | Korea Development Institute |
| Market price | |
| Country | Republic of Korea
|
| ISIN code |
KR310210G742 ( in KRW )
|
| Interest rate | 3.73% per year ( payment 1 time a year) |
| Maturity | 26/04/2032 |
|
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 | 150 000 000 000 KRW |
| Next Coupon | 26/04/2026 ( In 131 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. This fixed-income instrument, identified by ISIN KR310210G742, is a bond issued by the Korea Development Bank (KDB), a prominent state-owned financial institution established in 1954 with a critical mandate to support South Korea's industrial development and economic growth, playing a pivotal role in providing capital to strategic industries, fostering new technologies, and promoting regional development, underpinned by robust governmental backing. Originated in South Korea and denominated in Korean Won (KRW), this bond currently trades at 100% of its face value, reflecting its current market price. It features a fixed annual interest rate of 3.73%, with interest payments disbursed annually. The total issuance size for this offering is KRW 150,000,000,000, and it has a minimum purchase increment of KRW 10,000, with the bond set to mature on April 26, 2032. |
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