UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Notice of Effectiveness
Effectiveness Date:	May 7, 2015 3:00 P.M.

Form:	S-B
CIK: 0000869318 Company Name: KOREA DEVELOPMENT BANK File Number: 333-203739
CIK: 0000873465 Company Name: REPUBLIC OF KOREA File Number: 333-203739-01