Bond DNB Ban ASA 1.605% ( US25601C2B81 ) in USD
Issuer | DNB Ban ASA |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 1.605% per year ( payment 2 times a year) |
Maturity | 30/03/2028 |
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Minimal amount | 200 000 USD |
Total amount | 750 000 000 USD |
Cusip | 25601C2B8 |
Standard & Poor's ( S&P ) rating | A ( Upper medium grade - Investment-grade ) |
Moody's rating | A3 ( Upper medium grade - Investment-grade ) |
Next Coupon | 30/09/2025 ( In 74 days ) |
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. This financial article details a specific fixed-income instrument issued by DNB Bank ASA, a prominent financial institution based in Norway, which serves as the nation's largest financial services group, providing comprehensive banking, wealth management, and capital markets services across the Nordic region and internationally. The bond, identified by ISIN US25601C2B81 and CUSIP 25601C2B8, is a USD-denominated obligation with a fixed annual interest rate of 1.605%, maturing on March 30, 2028, with interest payments distributed semi-annually. This particular issuance has a total volume of $750,000,000, with a minimum investment threshold set at $200,000, and is currently trading at 100% of its face value in the market. Reflecting the issuer's creditworthiness, DNB Bank ASA holds strong investment-grade credit ratings of 'A' from Standard & Poor's and 'A3' from Moody's, underscoring its stable financial standing and robust credit profile within the global debt landscape. |