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 Industrial Finance Bonds |
Industrial finance bonds (IFBs), which are exclusively issued by KDB, are backed by the creditworthiness of KDB as a government-owned bank.
IFBs are considered as the most attractive investment instrument by both domestic and foreign institutional investors for their superior liquidity and stability in the Korean fixed income securities market.
The Korea Development Bank Act stipulates that the annual net loss of the KDB shall be offset by its reserves, and if insufficient, the deficit shall be offset by the government. |
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| Different Types of IFBs |
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| Type |
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Features |
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Maturity |
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Zero
Coupon
Bond |
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Discount Bond |
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 Issued at discounted price
Face value paid at redemption |
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1,3 yr |
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Compound Bond |
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Issued at face value
Interest and principal at redemption |
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1,3,5 yr |
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| Coupon Bond |
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Interest(coupon) paid quarterly until maturity
Bonds with semi-annual interest payments
no longer issued as of October 27, 2001 |
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3, 5, 10 yr |
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| Contact us |
Financial Management Division
Tel: 82-2-787-6232 (IFB), Fax: 82-2-787-6291~3
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