Bond Erste Bank 1.5% ( AT0000A26903 ) in USD

Issuer	Erste Bank
Market price	100 % ⇌
Country	Austria
ISIN code	AT0000A26903 ( in USD )
Interest rate	1.5% per year ( payment 2 times a year)
Maturity	28/02/2023 - Bond has expired
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Minimal amount	1 000 USD
Total amount	1 500 000 USD
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. Erste Group Bond AT0000A26903 Successfully Matures and Repays Principal to Investors An important lifecycle event concluded for holders of the Erste Group bond identified by ISIN AT0000A26903, as the security officially reached its maturity date on February 28, 2023, and was subsequently fully repaid. Erste Group, a distinguished financial institution headquartered in Austria, stands as a leading banking group within Central and Eastern Europe. Established in 1819, it has grown to serve a vast client base across multiple countries, providing a comprehensive spectrum of banking, investment, and financial services. Its robust regional presence and diversified operations underpin its consistent activity and standing as an issuer in the global debt capital markets. This particular bond, issued out of Austria and denominated in United States Dollars (USD), carried a fixed annual interest rate of 1.5%. The total issuance size for this debt instrument amounted to 1,500,000 USD, structured with a minimum lot size of 1,000 USD for investors. Interest payments were scheduled with a frequency of two times per year, providing semi-annual income to bondholders throughout its term. At its maturity on February 28, 2023, the bond was repaid at 100% of its principal value, confirming a complete and timely redemption for all investors.