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ItalianoBond Kommunalbanken 1% ( XS0875392614 ) in USD
| Issuer | Kommunalbanken | ||||||||
| Market price | 100.00 % ▲ | ||||||||
| Country |  Norway
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| ISIN code |
 XS0875392614 ( in USD )
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| Interest rate | 1% per year ( payment 2 times a year) | ||||||||
| Maturity | 15/03/2018 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 000 USD | ||||||||
| Total amount | 2 000 000 000 USD | ||||||||
| Detailed description |
Kommunalbanken is a Norwegian state-owned bank primarily providing financing to municipalities and county councils. An informative review of the XS0875392614 bond, issued by Kommunalbanken, Norway's state-owned financial institution and primary provider of financing to Norwegian municipalities and county authorities, confirms its maturity and full repayment on March 15, 2018, having been a USD-denominated obligation with an initial total issue size of $2,000,000,000, an interest rate of 1% paid semi-annually, and a minimum purchase size of $100,000, which reached its 100% par value at expiration. |
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