Bond Danica Bank 1.375% ( XS2443438051 ) in EUR

Issuer	Danica Bank
Market price	100 % ⇌
Country	Denmark
ISIN code	XS2443438051 ( in EUR )
Interest rate	1.375% per year ( payment 1 time a year)
Maturity	17/02/2027
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Minimal amount	100 000 EUR
Total amount	750 000 000 EUR
Next Coupon	17/02/2026 ( In 168 days )
Detailed description	Danske Bank is a major Scandinavian financial services group offering banking, investment, and insurance services across several countries, primarily in Denmark, but also with significant operations in other Nordic regions and internationally. A new fixed-income instrument, specifically a bond, identifiable by its International Securities Identification Number (ISIN) XS2443438051, has been issued by Danske Bank, a prominent financial service provider headquartered in Denmark and one of the largest in the Nordic region, offering a comprehensive range of banking services to personal, business, and institutional customers across Scandinavia and Northern Europe. This bond, originating from Denmark and denominated in Euro (EUR), currently trades at 100% of its par value, indicating its price alignment with its fixed annual interest rate, or coupon, of 1.375%. The total issue size for this offering amounts to 750,000,000 EUR, representing a significant capital raise for Danske Bank and contributing to market liquidity, with a minimum purchase lot set at 100,000 EUR, primarily targeting institutional investors or high-net-worth individuals. Bondholders can expect annual interest payments, as indicated by a payment frequency of '1', with the principal amount scheduled for repayment upon its maturity on February 17, 2027.