Bond Korea Development Institute 4.875% ( US500630EH79 ) in USD
| Issuer | Korea Development Institute |
| Market price | |
| Country | Republic of Korea
|
| ISIN code |
US500630EH79 ( in USD )
|
| Interest rate | 4.875% per year ( payment 2 times a year) |
| Maturity | 03/02/2030 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 200 000 USD |
| Total amount | 1 200 000 000 USD |
| Cusip | 500630EH7 |
| Next Coupon | 03/02/2026 ( In 48 days ) |
| 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. A detailed examination of a prominent fixed-income instrument reveals key characteristics of a bond issued by the Korea Development Bank (KDB), identifiable by its ISIN US500630EH79 and CUSIP 500630EH7. The Korea Development Bank, a pillar of South Korea's financial architecture, operates as a wholly state-owned development bank, primarily dedicated to supporting the nation's economic growth through strategic financing for industrial development, infrastructure projects, and corporate restructuring initiatives, often benefiting from strong government backing, which typically translates to high credit quality. This particular bond, denominated in United States Dollars, currently reflects a market price of 100% of its face value, indicating it is trading at par, and carries a fixed annual coupon rate of 4.875%. The total size of this significant issuance amounts to $1,200,000,000, with a specified minimum purchase size of $200,000 for investors. Set to mature on February 3, 2030, this debt security provides investors with consistent income through its semiannual payment frequency. |
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