Bond Korea Development Institute 3.12% ( KR310210GC51 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ▲
Country	Republic of Korea
ISIN code	KR310210GC51 ( in KRW )
Interest rate	3.12% per year ( payment 1 time a year)
Maturity	18/05/2024 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	/
Total amount	360 000 000 000 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 Korea Development Bank (KDB) bond, identified by ISIN KR310210GC51, has successfully reached its maturity and been fully redeemed on May 18, 2024. As a leading state-owned development bank based in South Korea, KDB plays a pivotal role in the nation's economic progress, supporting industrial development, infrastructure projects, and fostering economic growth through various financial instruments. This specific fixed-income security, denominated in Korean Won (KRW) and issued by KDB, carried a coupon rate of 3.12% with an annual payment frequency. The total issuance size for this bond was KRW 360,000,000,000. Upon its maturity, the bond was repaid at its market price of 100% to all bondholders, marking the successful conclusion of its lifecycle and underscoring KDB's consistent performance in fulfilling its financial obligations.