Bond Aktia Bank Ltd 4.62% ( XS2562651336 ) in EUR

Issuer	Aktia Bank Ltd
Market price	100 % ⇌
Country	Finland
ISIN code	XS2562651336 ( in EUR )
Interest rate	4.62% per year ( payment 1 time a year)
Maturity	05/12/2042 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 000 EUR
Total amount	10 000 000 EUR
Detailed description	Aktia Bank Plc is a Finnish financial services company offering a range of banking and wealth management services to both private and corporate clients. A significant development in the European fixed income market pertains to the bond issued by Aktia Bank PLC, identified by its ISIN XS2562651336, which has successfully reached its maturity date on December 5, 2042, and has been fully redeemed, affirming the issuer's commitment to its financial obligations. Aktia Bank PLC, a prominent financial institution headquartered in Finland, is a publicly listed entity with a diverse operational scope encompassing banking, asset management, and life insurance services, catering to a broad clientele within the stable Nordic financial landscape. This particular bond, denominated in Euros (EUR), featured an annual interest rate of 4.62% and represented a total issuance size of EUR 10,000,000, structured with a minimum investment lot of EUR 100,000, making it accessible primarily to institutional and sophisticated investors. Prior to its redemption, the bond consistently traded at a market price of 100%, indicating par value, a typical market behavior for debt instruments nearing their scheduled repayment date from reliable issuers, and its final principal and interest payments were completed as scheduled.