Bond BNG Bank NV 4.625% ( XS2581205825 ) in USD
Issuer | BNG Bank NV |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 4.625% per year ( payment 2 times a year) |
Maturity | 29/07/2024 - Bond has expired |
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Minimal amount | 200 000 USD |
Total amount | 1 200 000 000 USD |
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. An overview of the bond identified by ISIN XS2581205825, issued by BNG Bank N.V., a prominent Dutch financial institution specializing in funding local authorities and public sector entities in the Netherlands, reveals it was a USD-denominated instrument with a 4.625% coupon rate, originating from the Netherlands, and initially launched with a total issue size of $1,200,000,000, requiring a minimum purchase of $200,000; this bond, which paid interest semi-annually, reached its maturity on July 29, 2024, and has since been fully redeemed at its par value of 100%. |