Bond Nederlandse Waterbank 0% ( XS0765576326 ) in USD

Issuer	Nederlandse Waterbank
Market price	100 % ▲
Country	Netherlands
ISIN code	XS0765576326 ( in USD )
Interest rate	0%
Maturity	01/04/2042
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Minimal amount	200 000 USD
Total amount	220 000 000 USD
Detailed description	The Nederlandse Waterschapsbank (NWB Bank) is a Dutch bank specializing in financing water management projects and providing financial services to water boards (waterschappen) in the Netherlands. A noteworthy financial instrument in the debt capital markets is an outstanding bond bearing the ISIN code XS0765576326. This bond, issued by the Nederlandse Waterschapsbank (NWB Bank), originates from the Netherlands. The Nederlandse Waterschapsbank, or NWB Bank, is a highly specialized financial institution established in 1954 with a distinct public mandate, primarily focused on providing funding to public sector organizations within the Netherlands, most notably the 'waterschappen' or water authorities. These water authorities are fundamental to the country's infrastructure, being responsible for crucial aspects such as flood protection, water management, and maintaining water quality. NWB Bank's role as a 'bank for the public sector' underscores its importance in supporting these vital public services, thereby contributing significantly to the Netherlands' sustainable development and resilience, often reflected in its robust credit ratings due to its public sector backing and focus on low-risk lending. Currently trading at par, specifically 100% of its face value, this particular bond is denominated in United States Dollars (USD). A distinguishing characteristic of this issuance is its zero-coupon nature, indicated by a 0% interest rate, meaning investors do not receive periodic interest payments but rather derive their yield from the bond being purchased at a discount and redeemed at its face value upon maturity. The total size of this specific bond issuance is $220,000,000, with a minimum lot size for investment set at $200,000, catering to institutional investors or high-net-worth individuals. The bond features a long-term maturity date of April 1, 2042, offering extended exposure to the issuer's credit profile. While the bond carries a nominal payment frequency of two, given its zero-coupon structure, this typically implies a semi-annual basis for yield calculation or other internal accounting, rather than actual cash distributions, with the principal repayment occurring in full at maturity.