Bond Austral National Bank 0% ( XS0736058495 ) in EUR

Issuer	Austral National Bank
Market price	100 % ⇌
Country	Australia
ISIN code	XS0736058495 ( in EUR )
Interest rate	0%
Maturity	24/01/2042
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Minimal amount	100 000 EUR
Total amount	65 056 000 EUR
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. Detailed financial information is available for a bond issued by National Australia Bank (NAB), identified by its ISIN code XS0736058495. National Australia Bank, a prominent financial institution headquartered in Australia, stands as one of the country's "big four" banks, offering a comprehensive range of banking and financial services to individuals, businesses, and institutions globally. This particular bond, originating from Australia, is denominated in Euros (EUR) and holds a current market price of 100% of its par value, indicating it trades precisely at its face value. Notably, this bond features a 0% interest rate, categorizing it as a zero-coupon instrument, meaning investors do not receive periodic interest payments but rather potentially acquire the bond at a discount to its face value and are repaid the full principal amount at its maturity. The total size of this bond issuance amounts to 65,056,000 EUR, with a minimum purchase size set at 100,000 EUR, primarily targeting institutional or high-net-worth investors. Its maturity date is scheduled for January 24, 2042, representing a long-term investment horizon. Although a payment frequency of "1" is listed, typically implying annual payments, the zero-coupon nature dictates that no regular interest disbursements occur.