Bond Lansförsäkringar Banken 0.306% ( SE0010663468 ) in SEK

Issuer Lansförsäkringar Banken
Market price 100 %  ⇌ 
Country  Sweden
ISIN code  SE0010663468 ( in SEK )
Interest rate 0.306% per year ( payment 1 time a year)
Maturity 14/12/2020 - Bond has expired



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Minimal amount 1 000 000 SEK
Total amount 700 000 000 SEK
Detailed description Lansforsakringar Bank is a Swedish bank offering a range of financial services including savings accounts, loans, and mortgages, primarily focused on serving the insurance sector and its employees.

This financial article details the bond, identified by ISIN SE0010663468, which was issued from Sweden by Länsförsäkringar Bank, a significant Swedish financial institution operating as part of the Länsförsäkringar Alliance, an entity comprising 23 mutually owned local insurance companies and a bank that collectively provide a comprehensive suite of banking, insurance, and pension services throughout Sweden, with this particular SEK-denominated fixed-income security featuring a 0.306% annual coupon rate, an original total issue size of SEK 700,000,000, and a minimum purchase requirement of SEK 1,000,000, having reached its maturity on December 14, 2020, at which point it was fully redeemed at its 100% par value.