Bond Nederlandse Waterbank N.V. 3.375% ( XS0478137192 ) in EUR

Issuer	Nederlandse Waterbank N.V.
Market price	100 % ⇌
Country	Netherlands
ISIN code	XS0478137192 ( in EUR )
Interest rate	3.375% per year ( payment 1 time a year)
Maturity	01/02/2017 - Bond has expired
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Detailed description	Nederlandse Waterschapsbank N.V. is a Dutch bank specializing in providing financial services to water boards and other public entities involved in water management in the Netherlands. An analysis of a specific fixed-income instrument highlights a bond issued by Nederlandse Waterschapsbank N.V., identifiable by its ISIN XS0478137192. This Euro-denominated security originated from the Netherlands and featured a fixed annual coupon rate of 3.375%. Nederlandse Waterschapsbank N.V. (NWB Bank) is a specialized financial institution playing a crucial role in the Dutch public sector, primarily focused on providing financing to water authorities and other local government bodies in the Netherlands. Its mandate and ownership structure typically afford it a very high credit standing, often viewed as implicitly backed by the Dutch state given its public service function. The bond reached its maturity on February 1, 2017, at which point it was fully redeemed at its par value, consistent with the reported 100% market price reflecting its principal repayment to investors. Throughout its lifecycle, annual interest payments were made at the stated rate, culminating in the final coupon payment concurrent with the principal's return.