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ItalianoBond Kommunalbanken 1.9% ( AU3CB0285849 ) in AUD
| Issuer | Kommunalbanken | ||||||||
| Market price |  100.00 % ⇌ |
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| Country |  Norway
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| ISIN code |
 AU3CB0285849 ( in AUD )
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| Interest rate | 1.9% per year ( payment 1 time a year) | ||||||||
| Maturity | 19/01/2027 | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 2 000 AUD | ||||||||
| Total amount | 615 000 000 AUD | ||||||||
| Next Coupon | 19/01/2027 ( In 125 days ) | ||||||||
| Detailed description |
Kommunalbanken is a Norwegian state-owned bank primarily providing financing to municipalities and county councils. Bearing ISIN AU3CB0285849, this fixed-income instrument is issued by Kommunalbanken, a Norwegian state-owned financial institution renowned for its robust credit profile derived from its mandate to provide financing for the Norwegian local government sector, with the security currently trading at 100% of its face value, denominated in Australian Dollars (AUD), offering an annual interest rate of 1.9%, as part of a total issue size of AUD 615,000,000, available for investment in minimum lots of AUD 2,000, leading to its maturity on January 19, 2027, with interest payments distributed annually. |
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