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ItalianoBond Korea Development Institute 1.55% ( KR310210GA12 ) in KRW
| Issuer | Korea Development Institute |
| Market price | 100 % ⇌ |
| Country |  Republic of Korea
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| ISIN code |
 KR310210GA12 ( in KRW )
|
| Interest rate | 1.55% per year ( payment 1 time a year) |
| Maturity | 10/01/2023 - Bond has expired |
|
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 | 200 000 000 000 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. A review of the bond identified by ISIN KR310210GA12, issued by the Korea Development Bank (KDB), a prominent state-owned policy bank instrumental in South Korea's industrial and economic advancement, confirms its recent maturity and redemption. This bond, denominated in Korean Won (KRW) and issued from South Korea, featured a 1.55% interest rate with annual payments, comprising a total issuance size of KRW 200,000,000,000 and a minimum purchase increment of KRW 10,000; initially valued at 100% on the market, it successfully reached its maturity on January 10, 2023, at which point all outstanding principal was repaid to bondholders. |