Bond Nordia Bank Abp 0.175% ( XS2051870652 ) in SEK

Issuer	Nordia Bank Abp
Market price	100 % ⇌
Country	Finland
ISIN code	XS2051870652 ( in SEK )
Interest rate	0.175% per year ( payment 1 time a year)
Maturity	05/09/2022 - Bond has expired
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Minimal amount	2 000 000 SEK
Total amount	500 000 000 SEK
Detailed description	Nordea Bank Abp is a Nordic financial services group offering banking, asset management, and insurance services to individuals, businesses, and institutions across Denmark, Finland, Norway, and Sweden. Nordea Bank Abp, a leading Nordic financial services group headquartered in Helsinki, Finland, which provides a comprehensive range of banking products and services to individuals, corporations, and institutions, has recently seen one of its debt instruments reach maturity and subsequent redemption. The specific bond, identified by ISIN code XS2051870652, was a SEK (Swedish Krona) denominated obligation issued from Finland. This instrument carried a coupon rate of 0.175% and had a total issuance size of SEK 500,000,000. Designed with a minimum lot size of SEK 2,000,000 per purchase, the bond featured an annual payment frequency. Having reached its maturity date on September 5, 2022, the bond has been successfully redeemed at its par value of 100% of its nominal principal.