Bond Korea Development Institute 2.75% ( KR310220G824 ) in KRW

Issuer Korea Development Institute
Market price 100 %  ⇌ 
Country  Republic of Korea
ISIN code  KR310220G824 ( in KRW )
Interest rate 2.75% per year ( payment 1 time a year)
Maturity 22/02/2023 - Bond has expired



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Minimal amount 10 000 KRW
Total amount 150 000 000 000 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 KR310220G824, issued by the Korea Development Bank, a prominent state-owned policy bank in South Korea dedicated to fostering the nation's economic growth and industrial development, has successfully matured and been fully redeemed as of February 22, 2023; this bond, originated in South Korea, was denominated in Korean Won (KRW), carried an annual interest rate of 2.75%, featured an annual payment frequency, had a total issue size of KRW 150,000,000,000, a minimum purchase size of KRW 10,000, and was repaid at its 100% market price upon maturity.