Bond Korea Development Institute 1.56% ( KR310214G991 ) in KRW

Issuer Korea Development Institute
Market price 100 %  ⇌ 
Country  Republic of Korea
ISIN code  KR310214G991 ( in KRW )
Interest rate 1.56% per year ( payment 1 time a year)
Maturity 24/09/2024 - Bond has expired



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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 issued by the Korea Development Bank (KDB), a state-owned financial institution of South Korea playing a key role in the nation's economic and industrial development, identified by ISIN KR310214G991, was denominated in Korean Won (KRW) with a fixed interest rate of 1.56% and an annual payment frequency; this security, part of a total issuance size of KRW 120,000,000,000 and offered with a minimum purchase amount of KRW 10,000, reached its maturity on September 24, 2024, and has since been fully redeemed at its 100% par value.