Bond Erste Bank 2.7% ( AT0000A272N0 ) in USD

Issuer	Erste Bank
Market price	100 % ⇌
Country	Austria
ISIN code	AT0000A272N0 ( in USD )
Interest rate	2.7% per year ( payment 2 times a year)
Maturity	29/04/2021 - Bond has expired
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Minimal amount	1 000 USD
Total amount	1 000 000 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. An examination of the bond identified by ISIN AT0000A272N0, issued by the prominent Austrian financial institution Erste Group, reveals a U.S. dollar-denominated debt instrument that has since reached its maturity and been redeemed; this bond carried an annual interest rate of 2.7%, with interest payments made semi-annually, and constituted a total issue size of USD 1,000,000, available for investment in minimum lots of USD 1,000. Erste Group, headquartered in Austria, is a well-established banking group with a significant presence across Central and Eastern Europe, serving a broad client base ranging from individuals to large corporations, thereby underpinning the issuance. The instrument, originating from Austria, matured on April 29, 2021, and was successfully redeemed at 100% of its par value, indicating that principal was fully repaid to investors upon its expiration.