Bond BNG Bank NV 1.75% ( XS1761567590 ) in EUR
Issuer | BNG Bank NV |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 1.75% per year ( payment 1 time a year) |
Maturity | 02/02/2043 - Bond has expired |
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Minimal amount | / |
Total amount | / |
Detailed description |
BNG Bank N.V. is a Dutch bank specializing in providing financial services to the public sector, including governments, municipalities, and other public institutions. A fixed-income instrument, specifically a bond identified by ISIN XS1761567590, issued by BNG Bank N.V., a prominent Dutch financial institution exclusively dedicated to financing local authorities and public sector institutions in the Netherlands, has successfully reached its scheduled maturity and been fully redeemed. This Euro-denominated bond, originally issued from the Netherlands, carried an annual coupon rate of 1.75% and had a maturity date of February 2, 2043. BNG Bank N.V. is renowned for its crucial role in the Dutch public sector finance landscape, leveraging its strong credit profile to provide cost-effective funding for essential public services and sustainability initiatives, thereby supporting the country's public infrastructure. Upon reaching its maturity date, the bond was promptly repaid at 100% of its principal value, ensuring bondholders received their full investment alongside the regular annual 1.75% interest payments throughout the bond's tenure, thereby concluding its lifecycle as a key fixed-income asset. |