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ItalianoBond OTP Bank 0.85% ( HU0000356399 ) in USD
| Issuer | OTP Bank |
| Market price | 100 % ⇌ |
| Country |  Hungary
|
| ISIN code |
 HU0000356399 ( in USD )
|
| Interest rate | 0.85% per year ( payment 2 times a year) |
| Maturity | 24/04/2016 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 100 USD |
| Total amount | 742 600 USD |
| Detailed description |
OTP Bank Hungary is a major Hungarian commercial bank, part of the larger OTP Group, offering a wide range of financial services including retail banking, corporate banking, investment banking, and asset management. This financial article outlines the specifics of a bond issuance, ISIN HU0000356399, from OTP Bank, a major Hungarian financial institution with a significant presence throughout Central and Eastern Europe. This bond, issued from Hungary and denominated in USD, featured a stated interest rate of 0.85% and was part of a total issuance amounting to 742,600 units, with a minimum acquisition size of 100 units. Structured with a payment frequency of two, implying semi-annual interest disbursements, this security reached its maturity on April 24, 2016; at that time, its market price stood at 100%, and it has since been fully redeemed and repaid to investors. |