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ItalianoBond Erste Bank 1.25% ( AT0000A23LC0 ) in EUR
| Issuer | Erste Bank |
| Market price | 100 % ⇌ |
| Country |  Austria
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| ISIN code |
 AT0000A23LC0 ( in EUR )
|
| Interest rate | 1.25% per year ( payment 1 time a year) |
| Maturity | 20/07/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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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 assessment of a specific bond, identified by its ISIN AT0000A23LC0, reveals that this fixed-income instrument, issued by Erste Group, has successfully concluded its lifecycle. Erste Group, a leading financial institution headquartered in Austria with a strong focus on Central and Eastern Europe, utilized this bond, underwritten in its home country, Austria, to raise capital. Denominated in Euros, this particular debt security featured an annual coupon rate of 1.25%. The total issuance size for this instrument amounted to EUR 50,000,000, with a minimum lot size for investors established at EUR 100,000. Reaching its maturity on July 20, 2023, the bond was duly redeemed at its par value, as reflected by its 100% market price at that time, confirming that Erste Group, a key player in the CEE banking sector and a significant financial services provider, has fully honored its financial obligations concerning this particular debt security. |