Kommunalbanken is a Norwegian state-owned bank primarily providing financing to municipalities and county councils.
An examination of the bond market reveals insights into a specific debt instrument, ISIN XS0505658822, issued by Kommunalbanken. Kommunalbanken, a financial institution significantly involved in the Norwegian public sector, serves as a crucial lender to local government entities in Norway, underlining its role within the country's public finance infrastructure. This particular bond, denominated in Swedish Krona (SEK) with a total issuance volume of 750,000,000 SEK and a minimum purchase size of 10,000 SEK, carried an annual coupon rate of 2.25% with annual interest payments. Originally issued in Norway, this instrument reached its maturity on May 6, 2014, and was consequently trading at 100% of its par value at that point, consistent with its full and confirmed repayment upon its scheduled maturity.
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XS0505658822 ( in SEK )
