Bond DNB Ban ASA 0% ( NO0010702871 ) in NOK

Issuer	DNB Ban ASA
Market price	100 % ⇌
Country	Norway
ISIN code	NO0010702871 ( in NOK )
Interest rate	0%
Maturity	30/01/2019 - Bond has expired
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Minimal amount	1 000 000 NOK
Total amount	2 250 000 000 NOK
Detailed description	DNB Bank ASA is Norway's largest financial services group, offering a wide range of banking, insurance, and asset management services to individuals and corporations, both domestically and internationally. DNB Bank ASA, a prominent financial services group headquartered in Norway and recognized as the country's largest financial institution, issued a debt instrument identified by ISIN NO0010702871, which has successfully reached its maturity date of January 30, 2019, and has since been fully repaid. This bond, denominated in Norwegian Krone (NOK) and issued within Norway, represented a substantial total offering size of NOK 2,250,000,000, with a minimum subscription amount set at NOK 1,000,000 for investors. Characterized by a 0% interest rate, indicating a structure where returns might have been realized through discount pricing or solely via the principal repayment at par, the instrument was consistently quoted at 100% of its nominal value on the market as it approached and reached its final redemption, reflecting its repayment at par in a single principal payment upon maturity.