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ItalianoBond Austral National Bank 0% ( US6325C1BZ11 ) in USD
| Issuer | Austral National Bank |
| Market price | 100 % ⇌ |
| Country |  Australia
|
| ISIN code |
 US6325C1BZ11 ( in USD )
|
| Interest rate | 0% |
| Maturity | 09/12/2016 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 250 000 USD |
| Total amount | 400 000 000 USD |
| Cusip | 6325C1BZ1 |
| 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. This article details a specific bond instrument, identified by its ISIN US6325C1BZ11 and CUSIP 6325C1BZ1. The issuer of this bond was National Australia Bank (NAB), a major financial services organization based in Australia, renowned for its extensive operations in retail, business, and institutional banking across Australia, New Zealand, and globally. This particular bond issuance was denominated in United States Dollars (USD), with a substantial total issue size of USD 400,000,000. It featured a minimum purchase size of USD 250,000. A distinctive characteristic of this bond was its 0% interest rate, and it was structured with a payment frequency of two, typically implying semi-annual terms for interest-bearing bonds. The bond reached its scheduled maturity on December 9, 2016. At the time of its maturity, its market price stood at 100%, and it has since been fully redeemed, confirming the complete return of principal to bondholders. |