[The Korea Development Bank Letterhead]
August 26, 2010
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
U.S.A.
| Re: | The Korea Development Bank |
Post-effective Amendment No. 5 to
Registration Statement Under Schedule B
U.S. Securities and Exchange Commission File No. 333-156305
Ladies and Gentlemen:
In accordance with Rule 461 under the Securities Act of 1933, as amended, we hereby request that the effectiveness of the above-mentioned Post-effective Amendment No. 5 to Registration Statement under Schedule B be accelerated so that it shall become effective at 11 a.m., New York time, on Friday, August 27, 2010, or as soon thereafter as practicable.
| Very truly yours, | ||
| THE KOREA DEVELOPMENT BANK | ||
| By: | /s/ Su Jae Kim | |
| Name: | Su Jae Kim | |
| Title: | General Manager | |
| International Banking Department | ||
