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ItalianoBond DNB Bank ASA 1.625% ( XS0886302206 ) in USD
| Issuer | DNB Bank ASA | ||||||||
| Market price | 100 % ⇌ | ||||||||
| Country |  Norway
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| ISIN code |
 XS0886302206 ( in USD )
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| Interest rate | 1.625% per year ( payment 2 times a year) | ||||||||
| Maturity | 02/06/2018 - Bond has expired | ||||||||
| Minimal amount | 200 000 USD | ||||||||
| Total amount | 50 000 000 USD | ||||||||
| 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. An in-depth analysis of the XS0886302206 bond, issued by DNB Bank ASA, Norway's largest financial services group, reveals its past characteristics and status. This U.S. Dollar-denominated obligation carried a fixed interest rate of 1.625% and matured on February 6, 2018, with semi-annual coupon payments. The total issuance amounted to 50,000,000 USD, with a minimum investment threshold set at 200,000 USD per lot. Notably, this bond, whose market price at maturity was 100% of its nominal value, has since completed its life cycle, having been fully repaid upon its maturity date. |
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