Bond Korea Development Institute 1.44% ( KR310224GA16 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310224GA16 ( in KRW )
Interest rate	1.44% per year ( payment 1 time a year)
Maturity	28/07/2022 - Bond has expired
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Minimal amount	10 000 KRW
Total amount	90 000 000 000 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 bond identified by ISIN KR310224GA16, issued by the Korea Development Bank (KDB), a prominent state-owned financial institution and policy bank mandated to support South Korea's economic growth and industrial restructuring, has successfully reached its maturity and been fully repaid. This specific debt instrument, denominated in Korean Won (KRW), featured an annual coupon rate of 1.44% and represented a total issuance volume of KRW 90,000,000,000. With a minimum investment threshold set at KRW 10,000, this bond had an annual payment frequency and concluded its lifecycle by maturing on July 28, 2022. Its final repayment at par, reflecting a 100% redemption value, confirms the successful discharge of the issuer's financial obligations.