Bond ING Groep 2.95% ( XS0844455419 ) in EUR

Issuer	ING Groep
Market price	100 % ⇌
Country	Netherlands
ISIN code	XS0844455419 ( in EUR )
Interest rate	2.95% per year ( payment 1 time a year)
Maturity	04/01/2019 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	5 000 000 EUR
Detailed description	ING Bank is a multinational banking and financial services corporation headquartered in Amsterdam, offering a wide range of banking products and services to individuals and businesses globally. An analysis of the fixed-income landscape highlights a specific debt instrument, identified by the ISIN code XS0844455419. This bond was originated by ING Bank, a globally recognized financial institution based in the Netherlands, renowned for its extensive operations across retail banking, wholesale banking, and investment services. Denominated in Euros (EUR), this particular security provided investors with an annual coupon rate of 2.95% on its principal, paid out annually. The total aggregate size of this issuance was EUR 5,000,000, with a minimum investment requirement of EUR 1,000. During its active trading period, the bond maintained a market valuation at 100% of its face value, indicative of its par value. Crucially, this obligation reached its predetermined maturity date on January 4, 2019. In accordance with its terms, the bond has since been fully redeemed, signifying the repayment of the principal to all bondholders upon its expiry.