Bond DNB Ban ASA 0% ( XS0736887448 ) in SEK
| Issuer | DNB Ban ASA |
| Market price | 100 % ⇌ |
| Country | Norway
|
| ISIN code |
XS0736887448 ( in SEK )
|
| Interest rate | 0% |
| Maturity | 25/01/2017 - 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 | 1 000 000 SEK |
| Total amount | 1 600 000 000 SEK |
| Detailed description |
DNB Bank ASA is Norway's largest financial services group, offering a wide range of banking, insurance, and asset management services to individuals and corporations, both domestically and internationally. The bond identified by ISIN XS0736887448, issued by DNB Bank ASA, a prominent financial institution headquartered in Norway and recognized as the country's largest financial services group with extensive operations across various international markets, has officially concluded its lifecycle, having successfully matured and undergone full redemption. This particular obligation, denominated in Swedish Krona (SEK) and originating from Norway, was part of a total issuance amounting to SEK 1,600,000,000, structured with a minimum purchase size of SEK 1,000,000. Noteworthy for its 0% interest rate, the bond was designed to provide a single payment upon its maturity on January 25, 2017, a detail confirmed by its payment frequency of 1. The bond's current market price of 100% unequivocally signifies its complete and timely redemption on the specified maturity date, thereby confirming the full fulfillment of DNB Bank ASA's financial commitment to its bondholders for this instrument. |
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