Bond Korea Development Institute 0% ( XS2655885148 ) in USD

Issuer Korea Development Institute
Market price refresh price now   100 %  ⇌ 
Country  Republic of Korea
ISIN code  XS2655885148 ( in USD )
Interest rate 0%
Maturity 01/08/2028



Prospectus brochure of the bond Korea Development Bank XS2655885148 en USD 0%, maturity 01/08/2028


Minimal amount 200 000 USD
Total amount 300 000 000 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.

The Bond issued by Korea Development Institute ( Republic of Korea ) , in USD, with the ISIN code XS2655885148, pays a coupon of 0% per year.
The coupons are paid 2 times per year and the Bond maturity is 01/08/2028










(Issuer information)
(Issuer)
The Korea Development Bank
(Nationality)

(Industry)


(Bond information)




(Bond name)
The Korea Development Bank
The Korea Development Bank
U.S.$300,000,000 Floating Rate
U.S.$40,000,000 Floating Rate
Senior Unsecured Notes due
Senior Unsecured Notes due
2028
2028
(Bond code)
F09008
N/A
(Short name)
P23KDB1
N/A
ISIN
XS2655885148
XS2620591540
(Currency)


(Issue date)
2023/08/01
2023/5/11
(Pricing date)
2023/07/18
2023/5/2
(Tenor)
5
5

300,000,000
40,000,000
(Amount of issuance)
(Issue price)
100%
100%

(Fixed)
(Fixed)
(Coupon type)
(Floating)
(Floating)
(Zero coupon)
(Zero coupon)

: Compounded Daily
: Compounded Daily
(Details relating to interest
SOFR + 0.90%
SOFR + 0.85%
payment)

Not Applicable
Not Applicable
(Early redemption)
Callable
Callable
Make-whole call
Make-whole call
1








Not Applicable
Not Applicable
(Details relating to
redemption)
(Credit rating)




(Rating agency)
Moody'sS&PFitch
Moody'sS&PFitch
(Rating)
:
:
Aa2 (Moody's) / AA (S&P) / AA-
Aa2 (Moody's) / AA (S&P) / AA-
(Fitch)
(Fitch)
:

Aa2 (Moody's)

(Pricing information)




(Pricing date)
2023/7/18
2023/5/2
(Interest) (A)
Compounded Daily SOFR +
Compounded Daily SOFR +
0.90%
0.85%

SOFR
SOFR
(Benchmark)

5.06%
4.81%
(Benchmark at the pricing
date) (B)

0.90%
0.85%
(Interest rate spread) (C)

(A)(B)(C)


(Notes)

()






2






This statement is provided solely by the Lead Manager; the Taipei Exchange ("the TPEx") is not responsible
for any of the content appearing in the document, and makes no statement regarding its accuracy or
completeness; and the TPEx bears no liability for any loss incurred due to the content of the document as a
whole or any of its parts, or due to any reliance on such content.



The Korea Development Bank


U.S.$300,000,000 Floating Rate


Senior Unsecured Notes due 2028









68 38









3