Bond Nordea Bank Abp 3.75% ( US65557DAY76 ) in USD

Issuer Nordea Bank Abp
Market price 99.97 %  ▼ 
Country  Finland
ISIN code  US65557DAY76 ( in USD )
Interest rate 3.75% per year ( payment 2 times a year)
Maturity 30/08/2023 - Bond has expired



Prospectus brochure in PDF format

Minimal amount 200 000 USD
Total amount 750 000 000 USD
Cusip 65557DAY7
Detailed description Nordea Bank Abp is a Nordic financial services group offering banking, asset management, and insurance services to individuals, businesses, and institutions across Denmark, Finland, Norway, and Sweden.

This report details the characteristics and lifecycle of a recently matured bond issued by Nordea Bank Abp, identified by ISIN US65557DAY76 and CUSIP 65557DAY7. Nordea Bank Abp, a leading financial services group based in Helsinki, Finland, holds a significant position as one of the largest banks across the Nordic region, providing extensive banking, asset management, and insurance services to millions of customers. The bond in question was a US Dollar-denominated obligation, part of a substantial issue totaling $750,000,000, with a minimum investment threshold of $200,000 per lot. It offered a fixed annual interest rate of 3.75%, with interest payments distributed semi-annually to bondholders. Prior to its maturity date, the bond was observed trading on the secondary market at a price point of 99.966% of its par value. The instrument reached its scheduled maturity on August 30, 2023, and has since been fully redeemed by Nordea Bank Abp, concluding its term as a debt instrument in the market.
DateClean price
12/09/202499.97%
07/08/2024100.00%
12/07/202499.97%
01/09/202399.97%