Bond Statnett AS 0% ( NO0010886799 ) in NOK

Issuer	Statnett AS
Market price	100 % ⇌
Country	Norway
ISIN code	NO0010886799 ( in NOK )
Interest rate	0%
Maturity	30/06/2023 - Bond has expired
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Minimal amount	1 000 000 NOK
Total amount	1 250 000 000 NOK
Detailed description	Statnett SF is the Norwegian transmission system operator responsible for maintaining and developing Norway's national electricity grid. A specific debt instrument issued by Statnett SF, identified by the ISIN NO0010886799, has successfully reached its maturity date on June 30, 2023, and has subsequently been fully repaid to its bondholders. Statnett SF, the issuer of this bond, is a wholly state-owned enterprise based in Norway. As the national transmission system operator (TSO) for the Norwegian power grid, Statnett plays a pivotal role in ensuring the secure and efficient supply of electricity across the country. Its responsibilities encompass the planning, construction, operation, and maintenance of the central power grid, making it a critical infrastructure company vital to Norway's energy security and transition. This particular bond, denominated in Norwegian Krone (NOK), carried a total issuance size of NOK 1,250,000,000. It was notably structured as a zero-coupon bond, indicated by its 0% interest rate, meaning investors purchased the bond at a discount and received its face value at maturity. The minimum purchase size for this instrument was set at NOK 1,000,000, catering to institutional investors or high-net-worth individuals. Originating from Norway, the bond's lifecycle concluded with its repayment at 100% of its nominal value, signifying the orderly conclusion of the debt obligation. The bond?s maturity on June 30, 2023, marked the end of its term, with Statnett SF fulfilling its commitment by repaying the principal to all bondholders in a single payment. This repayment at par reflects the financial stability of Statnett SF and the successful execution of its borrowing strategy, providing certainty and timely returns to investors who held the security until its final date. The orderly maturity and repayment of the NO0010886799 bond by Statnett SF underscore the reliability of Norway's state-backed entities in the capital markets. Such transactions are fundamental to financing essential national infrastructure projects and demonstrate the transparent and efficient functioning of debt markets, offering a predictable investment avenue for those seeking exposure to stable, government-related enterprises.