Bond Austral National Bank 0% ( AU3FN0021085 ) in AUD

Issuer	Austral National Bank
Market price	100 % ⇌
Country	Australia
ISIN code	AU3FN0021085 ( in AUD )
Interest rate	0%
Maturity	08/11/2018 - Bond has expired
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Minimal amount	1 000 AUD
Total amount	1 500 000 000 AUD
Detailed description	National Australia Bank (NAB) is a leading Australian financial services company offering a wide range of banking, financial planning, and asset management services to personal, business, and institutional clients domestically and internationally. National Australia Bank (NAB), a prominent financial services organization and one of the 'Big Four' banks in Australia, was the issuer of an AUD-denominated bond (ISIN: AU3FN0021085) that reached its maturity on November 8, 2018, and has since been fully reimbursed to investors. This specific fixed-income security, issued from Australia, had a total issuance size of AUD 1,500,000,000 and was characterized by a 0% interest rate. At the time of its maturity and redemption, the bond's market price was 100% of its face value, reflecting its repayment at par. The minimum purchase size for this security was set at AUD 1,000. With a stated payment frequency of 1, the bond's structure implied a single principal repayment event upon maturity for this zero-interest instrument. Consequently, this bond is no longer outstanding, having fulfilled its obligations to bondholders.