Bond Korea Development Institute 3.86% ( KR310211GD75 ) in KRW

Issuer Korea Development Institute
Market price 100 %  ▲ 
Country  Republic of Korea
ISIN code  KR310211GD75 ( in KRW )
Interest rate 3.86% per year ( payment 1 time a year)
Maturity 27/07/2025 - Bond has expired



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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 detailed review of a fixed-income instrument reveals a bond issued by the Korea Development Bank, identifiable by the ISIN KR310211GD75. The Korea Development Bank, a pivotal state-owned policy bank based in South Korea, is instrumental in driving the nation's industrial development and economic growth through strategic financing initiatives. This specific bond, issued from South Korea, is denominated in Korean Won (KRW) and is currently observed trading at 100% of its par value on the market. It offers a fixed annual interest rate of 3.86% and is scheduled to reach maturity on July 27, 2025, with interest disbursements occurring on an annual basis.