Bond Lansförsäkringar Banken 0.554% ( SE0011310200 ) in SEK

Issuer	Lansförsäkringar Banken
Market price	100 % ⇌
Country	Sweden
ISIN code	SE0011310200 ( in SEK )
Interest rate	0.554% per year ( payment 1 time a year)
Maturity	30/11/2021 - Bond has expired
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Minimal amount	2 000 000 SEK
Total amount	800 000 000 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. The bond identified by ISIN SE0011310200, issued by Sweden's Länsförsäkringar Bank, has successfully reached its maturity date on November 30, 2021, and has since been fully redeemed at its par value of 100%. This financial instrument, denominated in Swedish Krona (SEK), was part of a total issuance valued at SEK 800,000,000. It carried an annual interest rate of 0.554% and featured an annual payment frequency, with a minimum purchase size set at SEK 2,000,000. The issuer, Länsförsäkringar Bank, is an integral component of the Länsförsäkringar Group, a major customer-owned financial and insurance conglomerate in Sweden, renowned for its comprehensive offerings across banking, insurance, and pension services. The successful redemption of this bond underscores its fulfillment of obligations to investors upon its November 2021 maturity.