Bond Erste Bank 1.1% ( AT0000A1HEV1 ) in EUR

Issuer	Erste Bank
Market price	100 % ▲
Country	Austria
ISIN code	AT0000A1HEV1 ( in EUR )
Interest rate	1.1% per year ( payment 1 time a year)
Maturity	29/12/2022 - Bond has expired
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Minimal amount	1 000 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. The AT0000A1HEV1 bond, issued by Erste Group, has successfully reached its maturity on December 29, 2022, and has been fully redeemed. This specific debt instrument, originating from Austria, was denominated in Euros (EUR) and carried an annual coupon rate of 1.1%. The total issuance size for this bond was fifty million Euros (EUR 50,000,000), with a minimum lot size for investment set at one thousand Euros (EUR 1,000). The issuer, Erste Group, is a prominent financial services provider based in Austria, with a significant presence across Central and Eastern Europe, offering a wide range of banking and financial services. Interest payments were scheduled on an annual basis, providing consistent returns to investors throughout the bond's term. Upon its final redemption, the bond's effective market price was 100%, indicating repayment at par value. This successful redemption underscores the issuer's commitment to fulfilling its financial obligations to investors.