Bond Swedbank Bolån 0% ( XS0985815371 ) in SEK

Issuer	Swedbank Bolån
Market price	100 % ⇌
Country	Sweden
ISIN code	XS0985815371 ( in SEK )
Interest rate	0%
Maturity	25/10/2018 - Bond has expired
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Minimal amount	1 000 000 SEK
Total amount	500 000 000 SEK
Detailed description	Swedbank Hypotek offers a range of mortgage products in Sweden, including fixed-rate and variable-rate mortgages, tailored to individual customer needs and financial situations. An in-depth review of a specific bond issuance, identified by ISIN code XS0985815371, confirms its successful maturity and redemption. This bond, classified as an obligation, was issued by Swedbank Hypotek, a prominent mortgage credit institution based in Sweden. Swedbank Hypotek operates as a wholly-owned subsidiary of Swedbank AB, one of the leading banks in the Nordic and Baltic regions, providing a wide array of financial services and playing a crucial role in the Swedish housing finance market through its focus on mortgage lending, reflecting the stable credit profile of its parent group. The bond, denominated in Swedish Krona (SEK), represented a total issue size of 500,000,000 SEK, with a minimum purchase size for investors set at 1,000,000 SEK. Notably, this financial instrument carried a 0% interest rate and was last quoted at 100% of its face value on the market prior to its expiry. With a maturity date of October 25, 2018, and a specified payment frequency of 1, this bond has now officially completed its lifecycle, having been fully redeemed by the issuer, concluding its presence on the financial markets.