Bond Komunalbanken 1% ( XS0875392614 ) in USD

Issuer Komunalbanken
Market price 100 %  ▲ 
Country  Norway
ISIN code  XS0875392614 ( in USD )
Interest rate 1% per year ( payment 2 times a year)
Maturity 15/03/2018 - Bond has expired



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Minimal amount 100 000 USD
Total amount 2 000 000 000 USD
Detailed description Kommunalbanken is a Norwegian state-owned bank primarily providing financing to municipalities and county councils.

An informative review of the XS0875392614 bond, issued by Kommunalbanken, Norway's state-owned financial institution and primary provider of financing to Norwegian municipalities and county authorities, confirms its maturity and full repayment on March 15, 2018, having been a USD-denominated obligation with an initial total issue size of $2,000,000,000, an interest rate of 1% paid semi-annually, and a minimum purchase size of $100,000, which reached its 100% par value at expiration.