Bond Korea Development Institute 1.448% ( XS2417098501 ) in USD

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	XS2417098501 ( in USD )
Interest rate	1.448% per year ( payment 2 times a year)
Maturity	02/12/2025 - Bond has expired
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	20 000 000 USD
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. Korea Development Bank (KDB), a prominent state-owned policy bank established in South Korea with a primary mandate to foster national economic growth and industrial development through strategic financing and support for infrastructure and key industries, has an existing bond offering identified by ISIN XS2417098501. This U.S. Dollar-denominated bond, currently observed trading at its par value of 100% in the market, features an annual interest rate of 1.448% and is set to mature on December 2, 2025. The total size of this particular issue amounts to $20,000,000, with a specified minimum purchase requirement of $200,000, and investors receive interest payments semi-annually. Issued from South Korea, this debt instrument reflects KDB's integral role in the nation's financial landscape.