Bond Komunalbanken 1.9% ( AU3CB0285849 ) in AUD

Issuer	Komunalbanken
Market price	100 % ⇌
Country	Norway
ISIN code	AU3CB0285849 ( in AUD )
Interest rate	1.9% per year ( payment 1 time a year)
Maturity	19/01/2027
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Minimal amount	2 000 AUD
Total amount	615 000 000 AUD
Next Coupon	19/01/2026 ( In 125 days )
Detailed description	Kommunalbanken is a Norwegian state-owned bank primarily providing financing to municipalities and county councils. Bearing ISIN AU3CB0285849, this fixed-income instrument is issued by Kommunalbanken, a Norwegian state-owned financial institution renowned for its robust credit profile derived from its mandate to provide financing for the Norwegian local government sector, with the security currently trading at 100% of its face value, denominated in Australian Dollars (AUD), offering an annual interest rate of 1.9%, as part of a total issue size of AUD 615,000,000, available for investment in minimum lots of AUD 2,000, leading to its maturity on January 19, 2027, with interest payments distributed annually.