Bond ING Groep N.V. 7.4% ( XS0629082032 ) in NZD

Issuer	ING Groep N.V.
Market price	100 % ⇌
Country	Netherlands
ISIN code	XS0629082032 ( in NZD )
Interest rate	7.4% per year ( payment 1 time a year)
Maturity	25/05/2021 - Bond has expired
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Minimal amount	250 000 NZD
Total amount	40 000 000 NZD
Detailed description	ING Bank N.V. is a multinational banking and financial services corporation headquartered in Amsterdam, Netherlands, offering a wide range of services including retail banking, wholesale banking, and investment banking globally. A bond, identified by ISIN XS0629082032, issued by ING Bank N.V., a prominent Dutch multinational banking and financial services corporation headquartered in the Netherlands, has concluded its lifecycle, having matured on May 25, 2021, and been fully repaid, with this debt instrument, originating from the Netherlands and denominated in New Zealand Dollars (NZD), having offered a fixed annual interest rate of 7.4% and made annual interest payments, stemming from an initial total issue size of NZD 40,000,000 with a minimum lot size of NZD 250,000, and having been recorded at a 100% market price upon its successful redemption.