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ItalianoBond Korea Development Institute 2.7% ( XS2615552390 ) in CNY
| Issuer | Korea Development Institute |
| Market price | 100 % ▲ |
| Country |  Republic of Korea
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| ISIN code |
 XS2615552390 ( in CNY )
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| Interest rate | 2.7% per year ( payment 1 time a year) |
| Maturity | 25/04/2024 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| 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 notable fixed-income instrument, the bond identified by ISIN XS2615552390, issued by the Korea Development Bank (KDB), a leading state-owned financial institution in South Korea chartered to support and foster the nation's industrial development through long-term financing and strategic investments, has successfully concluded its lifecycle. Denominated in Chinese Yuan (CNY) and featuring an annual interest rate of 2.7%, with payments occurring on an annual basis, this obligation reached its scheduled maturity on April 25, 2024. Having traded at its par value of 100% on the market, the bond has been fully redeemed and reimbursed to its bondholders, marking its complete and successful repayment. |