KBC Bank is a Belgian multinational banking and insurance group providing a range of financial services including retail banking, insurance, and asset management across Europe and internationally.
An overview of a debt instrument issued by KBC Bank, a prominent Belgian universal bank and a key player in the European financial sector, details a bond (ISIN: XS0764303490) that has successfully reached its maturity and been redeemed. This EUR-denominated bond, originating from Belgium, offered an annual interest rate of 4.5% and constituted a total issue size of EUR 1,000,000,000, with a minimum investment threshold set at EUR 100,000. The instrument, which traded at a market price of 100% and featured an annual payment frequency, concluded its lifecycle upon its maturity date of March 27, 2017, fulfilling its contractual obligations.
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