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ItalianoBond Korea Development Institute 1.23% ( KR310218GA30 ) in KRW
| Issuer | Korea Development Institute |
| Market price | 100 % ⇌ |
| Country |  Republic of Korea
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| ISIN code |
 KR310218GA30 ( in KRW )
|
| Interest rate | 1.23% per year ( payment 1 time a year) |
| Maturity | 30/09/2021 - 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 | 320 000 000 000 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), a state-owned financial institution established in 1954 to support and develop Korean industries by providing crucial financial services for infrastructure development, corporate restructuring, and fostering new growth engines, issued the bond with ISIN KR310218GA30, which has now reached its maturity and been fully redeemed. This specific KRW-denominated debt instrument, issued from South Korea, carried an interest rate of 1.23% and represented a total issuance size of 320,000,000,000 Korean Won, with a minimum purchase amount of KRW 10,000. Characterized by a payment frequency of one, the bond, which was observed to trade at a market price of 100% during its active period, concluded its lifecycle on September 30, 2021, at which point all obligations were met and the principal was repaid to its holders. |