Bond Korea Development Institute 5% ( XS2623047284 ) in AUD

Issuer	Korea Development Institute
Market price	100 % ▲
Country	Republic of Korea
ISIN code	XS2623047284 ( in AUD )
Interest rate	5% per year ( payment 1 time a year)
Maturity	15/05/2033
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Minimal amount	/
Total amount	/
Next Coupon	15/05/2026 ( In 151 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 financial instrument identified by ISIN XS2623047284, issued as a bond by the Korea Development Bank, is currently trading at 100% of its par value. The Korea Development Bank (KDB) is a pivotal state-owned policy financial institution based in South Korea, established to spearhead the nation's industrial development and economic growth by providing crucial financing for key industries, infrastructure projects, and strategic sectors. This specific bond is denominated in Australian Dollars (AUD), offers an annual coupon rate of 5%, and is scheduled to reach its maturity on May 15, 2033.