Bond Nordia Bank Abp 0% ( XS2604731153 ) in EUR

Issuer	Nordia Bank Abp
Market price	100 % ⇌
Country	Finland
ISIN code	XS2604731153 ( in EUR )
Interest rate	0%
Maturity	24/05/2023 - Bond has expired
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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. A recently matured zero-coupon bond, identified by the International Securities Identification Number (ISIN) XS2604731153, issued by Nordea Bank Abp, has successfully completed its lifecycle. Nordea Bank Abp, a prominent pan-Nordic financial services group headquartered in Helsinki, Finland, is one of the largest financial institutions in the Nordic region, offering a comprehensive suite of banking, asset management, and insurance services to millions of customers and businesses across its core markets. This particular debt instrument, denominated in Euros (EUR) and originating from Finland, was characterized by its 0% interest rate, indicating a zero-coupon structure where investors would not receive periodic interest payments but expected full principal repayment at maturity. Recorded at a current market price of 100% prior to its final date, the bond reached its scheduled maturity on May 24, 2023. As confirmed, this obligation has fully matured and has been repaid to its bondholders, concluding its journey in the financial markets.