Bond AMRO ABN 2% ( XS0955560353 ) in EUR
Issuer | AMRO ABN | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 2% per year ( payment 1 time a year) | ||
Maturity | 29/07/2019 - Bond has expired | ||
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Minimal amount | 100 000 EUR | ||
Total amount | 75 000 000 EUR | ||
Detailed description |
ABN AMRO is a major Dutch multinational bank offering a wide range of financial products and services to individuals and businesses. ABN AMRO, a major Dutch universal bank headquartered in Amsterdam, has seen one of its notable fixed-income instruments, identified by ISIN XS0955560353, successfully conclude its lifecycle. This specific bond, a standard obligation instrument, was originally issued from the Netherlands with a total size of EUR 75,000,000. Denominated in Euros, the bond carried an annual interest rate of 2%, with payments structured on an annual frequency. Investors were required to purchase a minimum lot size of EUR 100,000 when the bond was active in the market. Its market price at the point of redemption stood at 100% of its nominal value. The bond reached its full maturity on July 29, 2019, and as confirmed by the issuer, it has since been fully reimbursed, marking a complete and timely return of principal to its bondholders. |