Bond Nordia Bank Abp 3.75% ( US65557DAY76 ) in USD

Issuer Nordia Bank Abp
Market price 99.966 %  ▼ 
Country  Finland
ISIN code  US65557DAY76 ( in USD )
Interest rate 3.75% per year ( payment 2 times a year)
Maturity 30/08/2023 - Bond has expired



Prospectus brochure in PDF format is unavailable at this time
We will provide it as soon as possible

Minimal amount 200 000 USD
Total amount 750 000 000 USD
Cusip 65557DAY7
Detailed description Nordea Bank Abp is a Nordic financial services group offering banking, asset management, and insurance services to individuals, businesses, and institutions across Denmark, Finland, Norway, and Sweden.

This report details the characteristics and lifecycle of a recently matured bond issued by Nordea Bank Abp, identified by ISIN US65557DAY76 and CUSIP 65557DAY7. Nordea Bank Abp, a leading financial services group based in Helsinki, Finland, holds a significant position as one of the largest banks across the Nordic region, providing extensive banking, asset management, and insurance services to millions of customers. The bond in question was a US Dollar-denominated obligation, part of a substantial issue totaling $750,000,000, with a minimum investment threshold of $200,000 per lot. It offered a fixed annual interest rate of 3.75%, with interest payments distributed semi-annually to bondholders. Prior to its maturity date, the bond was observed trading on the secondary market at a price point of 99.966% of its par value. The instrument reached its scheduled maturity on August 30, 2023, and has since been fully redeemed by Nordea Bank Abp, concluding its term as a debt instrument in the market.