Bond SEBCO 2.5% ( XS0518441570 ) in NOK

Issuer	SEBCO
Market price	100 % ⇌
Country	Sweden
ISIN code	XS0518441570 ( in NOK )
Interest rate	2.5% per year ( payment 1 time a year)
Maturity	17/06/2015 - Bond has expired
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Minimal amount	50 000 NOK
Total amount	1 000 000 000 NOK
Detailed description	SEB is a French multinational manufacturer and marketer of small electric appliances for the kitchen and home. This article provides a detailed overview of a specific fixed-income instrument, the bond identified by ISIN XS0518441570, issued by SEB. Skandinaviska Enskilda Banken (SEB), a prominent Northern European financial services group headquartered in Sweden, issued this bond denominated in Norwegian Krone (NOK). The bond was structured with an annual interest rate of 2.5% and represented a total issuance size of NOK 1,000,000,000. Investors were able to acquire this instrument with a minimum purchase size of NOK 50,000. With an annual payment frequency, the bond reached its maturity date on June 17, 2015, and was subsequently repaid, confirming its redemption at 100% of its par value.