Bond ING Groep 4% ( USN3113TAQ24 ) in USD

Issuer ING Groep
Market price 100 %  ⇌ 
Country  Netherlands
ISIN code  USN3113TAQ24 ( in USD )
Interest rate 4% per year ( payment 2 times a year)
Maturity 15/03/2016 - Bond has expired



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Minimal amount 200 000 USD
Total amount 1 250 000 000 USD
Cusip N3113TAQ2
Detailed description ING Bank is a multinational banking and financial services corporation headquartered in Amsterdam, offering a wide range of banking products and services to individuals and businesses globally.

This financial analysis focuses on a specific debt instrument, identified by ISIN USN3113TAQ24 and CUSIP N3113TAQ2, which was a bond issued by ING Bank, a prominent multinational banking and financial services corporation. Headquartered in Amsterdam, Netherlands, ING Bank is a globally recognized entity offering a comprehensive suite of services including retail banking, direct banking, commercial banking, investment banking, asset management, and insurance, highlighting its significant market presence and financial stability. This particular bond, denominated in USD, carried a fixed annual interest rate of 4% and featured semi-annual interest payments, aligning with a payment frequency of two times per year. The total issuance size for this obligation was $1,250,000,000, with a minimum purchase size stipulated at $200,000, and the country of issuance was the Netherlands. The bond reached its full maturity on March 15, 2016, and was subsequently redeemed, reflecting its final market price at 100%, thereby confirming that all principal and interest obligations were successfully fulfilled by ING Bank.