Bond Erste Bank 2.85% ( AT0000A1ERD8 ) in EUR

Issuer	Erste Bank
Market price	100 % ⇌
Country	Austria
ISIN code	AT0000A1ERD8 ( in EUR )
Interest rate	2.85% per year ( payment 1 time a year)
Maturity	20/06/2025 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	50 000 000 EUR
Detailed description	Erste Group is a leading financial services provider in Central and Eastern Europe, offering a wide range of banking and financial services to individuals and corporations. An examination of the AT0000A1ERD8 bond reveals its recent conclusion in the fixed-income market. Issued by Erste Group, a prominent Austrian banking group headquartered in Vienna, this particular debt instrument has successfully reached its maturity date and subsequently been fully repaid to bondholders. Erste Group operates as one of the largest financial service providers in Central and Eastern Europe, serving millions of customers across several countries, and is a key player in the European financial landscape. This bond, denominated in Euros, carried an annual interest rate of 2.85% and represented a total issuance size of EUR 50,000,000. Investors typically accessed this bond in minimum increments of EUR 100,000. Having reached its scheduled maturity on June 20, 2025, the bond's principal was redeemed at 100% of its par value, confirming a complete and timely reimbursement to all investors, thus closing its lifecycle within the market.