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ItalianoBond Korea Development Institute 0.98% ( KR310212GA51 ) in KRW
| Issuer | Korea Development Institute |
| Market price | 100 % ⇌ |
| Country |  Republic of Korea
|
| ISIN code |
 KR310212GA51 ( in KRW )
|
| Interest rate | 0.98% per year ( payment 1 time a year) |
| Maturity | 15/11/2021 - Bond has expired |
|
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 | 120 000 000 000 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 obligation identified by ISIN KR310212GA51, issued by the Korea Development Bank, a prominent state-owned financial institution located in South Korea, featured an annual interest rate of 0.98% on a total issuance of KRW 120,000,000,000, with a minimum acquisition threshold set at KRW 10,000, and while historically reflecting a 100% market price, this KRW-denominated instrument, featuring an annual payment frequency, successfully reached its maturity on November 15, 2021, and has since been fully redeemed. |