Bond Erste Bank 1.9% ( AT0000A1X2Y2 ) in NOK

Issuer Erste Bank
Market price 100 %  ⇌ 
Country  Austria
ISIN code  AT0000A1X2Y2 ( in NOK )
Interest rate 1.9% per year ( payment 1 time a year)
Maturity 03/08/2022 - Bond has expired



Prospectus brochure in PDF format is unavailable at this time
We will provide it as soon as possible

Minimal amount 10 000 NOK
Total amount 500 000 000 NOK
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.

This financial article details a specific debt instrument issued by Erste Group, an Austrian financial institution, which recently reached its full maturity and was subsequently repaid. Identified by the International Securities Identification Number (ISIN) AT0000A1X2Y2, this bond was part of a total issuance valued at 500,000,000 Norwegian Krone (NOK), with a minimum purchase lot set at 10,000 NOK. The bond featured a fixed interest rate of 1.9%, with interest payments made on an annual frequency. Erste Group, headquartered in Vienna, Austria, is a prominent banking group with a significant presence across Central and Eastern Europe. It serves a broad customer base through its diverse range of financial services, including retail banking, corporate and investment banking, and asset management. As one of the largest financial service providers in the region, the group's robust operational framework and established market position underpin the reliability of its financial commitments, including its debt instruments. The bond's scheduled maturity date was August 3, 2022. As reported, the bond successfully reached this maturity, and the principal amount was fully repaid to investors at its par value of 100%. This successful repayment confirms the completion of the bond's lifecycle, delivering the expected returns and principal reimbursement to bondholders as per the terms of the issuance. The conclusion of this particular bond highlights the typical predictable outcome for fixed-income investments held until their defined maturity.