Bond DNB Boligfinans 0% ( XS0592277429 ) in EUR
| Issuer | DNB Boligfinans |
| Market price | 100 % ▼ |
| Country | Norway
|
| ISIN code |
XS0592277429 ( in EUR )
|
| Interest rate | 0% |
| Maturity | 16/02/2018 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 50 000 EUR |
| Total amount | 10 000 000 EUR |
| Detailed description |
DNB Boligkreditt is a Norwegian mortgage lender offering a range of home loans and related financial services to individuals and businesses. DNB Boligkreditt, a dedicated covered bond issuer operating under the umbrella of DNB Group, one of Norway's largest and most prominent financial services institutions, successfully concluded the lifecycle of a Euro-denominated bond, identified by ISIN XS0592277429, which fully matured and was repaid on February 16, 2018. This specific obligation, originating from Norway, was structured as a zero-coupon instrument, bearing an interest rate of 0%, and represented a total issuance size of EUR 10,000,000, with an initial minimum purchase size set at EUR 50,000. Upon its maturity, the bond was repaid at its par value, reflecting a 100% redemption, thereby completing its investment cycle as a single-payment principal return, consistent with the nature of its zero-coupon structure. |
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