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Bond Kommunalbanken 0.5% ( AU3CB0283596 ) in AUD

Issuer	Kommunalbanken
Market price	99.62 %  ▼
Country	Norway
ISIN code	AU3CB0283596 ( in AUD )
Interest rate	0.5% per year ( payment 1 time a year)
Maturity	08/10/2024 - Bond has expired
Prospectus brochure in PDF format
Minimal amount	500 000 AUD
Total amount	300 000 000 AUD
Detailed description	Kommunalbanken is a Norwegian state-owned bank primarily providing financing to municipalities and county councils. The AUD-denominated bond, identified by ISIN AU3CB0283596, issued in Norway by Kommunalbanken, the Norwegian state-owned financial institution primarily responsible for providing financing to the Norwegian local government sector, with an initial total issue size of AUD 300,000,000 and a minimum purchase increment of AUD 500,000, featuring an annual coupon rate of 0.5% and last quoted at 99.62% of its face value, reached its maturity date on October 8, 2024, and has since been fully redeemed.