Bond Korea Development Institute 1.05% ( KR310213GA50 ) in KRW
| Issuer | Korea Development Institute |
| Market price | 100 % ⇌ |
| Country | Republic of Korea
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| ISIN code |
KR310213GA50 ( in KRW )
|
| Interest rate | 1.05% per year ( payment 1 time a year) |
| Maturity | 19/05/2022 - 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 | 230 000 000 000 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 analysis of the KR310213GA50 bond, issued by the Korea Development Bank (KDB), a prominent state-owned policy bank instrumental in South Korea's industrial and economic development, confirms its full life cycle and successful redemption. This bond, denominated in Korean Won (KRW) and originating from South Korea, carried an annual interest rate of 1.05% and featured an annual payment frequency. With a total issuance size of KRW 230,000,000,000 and a minimum purchase size of KRW 10,000, this security reached its maturity on May 19, 2022, and was subsequently redeemed at 100% of its face value, thereby concluding its term as a fully repaid obligation. |
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