Bond DNB Ban ASA 1.625% ( XS0886302206 ) in USD

Issuer DNB Ban ASA
Market price 100 %  ⇌ 
Country  Norway
ISIN code  XS0886302206 ( in USD )
Interest rate 1.625% per year ( payment 2 times a year)
Maturity 06/02/2018 - Bond has expired



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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.