Bond Kommunalbanken 0.5% ( AU3CB0283596 ) in AUD
| Issuer | Kommunalbanken | ||||||||||
| Market price | 100.00 % ⇌ | ||||||||||
| Country | Norway
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| ISIN code |
AU3CB0283596 ( in AUD )
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| Interest rate | 0.5% per year ( payment 1 time a year) | ||||||||||
| Maturity | 08/10/2024 - Bond has expired | ||||||||||
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Prospectus brochure in PDF format |
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| 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. |
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