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ItalianoBond Komunalbanken 0.5% ( XS0596925775 ) in ZAR
| Issuer | Komunalbanken |
| Market price | 100 % ⇌ |
| Country |  Norway
|
| ISIN code |
 XS0596925775 ( in ZAR )
|
| Interest rate | 0.5% per year ( payment 1 time a year) |
| Maturity | 24/03/2016 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 10 000 ZAR |
| Total amount | 528 850 000 ZAR |
| Detailed description |
Kommunalbanken is a Norwegian state-owned bank primarily providing financing to municipalities and county councils. An analysis of the debt instrument identified by ISIN XS0596925775, a bond issued by Kommunalbanken, the Norwegian state-owned financial institution renowned for providing low-cost funding to Norwegian municipalities and county authorities, details its specifications as a ZAR-denominated security originating from Norway with an annual coupon rate of 0.5% and a total issuance size of ZAR 528,850,000, available for minimum purchases of ZAR 10,000, which reached its maturity on March 24, 2016, at which point it was fully repaid at its par value of 100%. |