Bond Norwa 0% ( NO0010832298 ) in NOK

Issuer	Norwa
Market price	100 % ⇌
Country	Norway
ISIN code	NO0010832298 ( in NOK )
Interest rate	0%
Maturity	18/09/2019 - Bond has expired
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Minimal amount	1 000 NOK
Total amount	23 000 000 000 NOK
Detailed description	Norway is a Scandinavian country known for its fjords, dramatic mountains, and vibrant cities like Oslo, boasting a high standard of living and a rich history influenced by Viking heritage. A detailed analysis of the financial instrument identified by ISIN NO0010832298 confirms it as a type of bond issued by Norway, a highly rated sovereign entity renowned for its robust economy, significant oil and gas wealth, and strong fiscal discipline, reflecting its origin from the country of Norway itself. This debt security, denominated in Norwegian Krone (NOK), had a substantial total issuance size of 23,000,000,000 NOK, with a minimum purchase size set at 1,000 NOK. Notably, this instrument featured a 0% interest rate, indicating it was structured as a zero-coupon bond or designed for a single payment at maturity, consistent with its listed payment frequency of 1. Upon its maturity on September 18, 2019, the bond was successfully redeemed at its par value of 100%, signifying the complete fulfillment of the issuer's obligation to its bondholders.