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ItalianoBond Sbabank 0% ( XS1038710932 ) in SEK
| Issuer | Sbabank |
| Market price | 100 % ⇌ |
| Country |  Sweden
|
| ISIN code |
 XS1038710932 ( in SEK )
|
| Interest rate | 0% |
| Maturity | 26/08/2016 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 000 SEK |
| Total amount | 300 000 000 SEK |
| Detailed description |
SBAB Bank is a Swedish bank offering mortgages, savings accounts, and other financial services primarily to Swedish residents, known for its digital-first approach and competitive interest rates. An SEK-denominated bond, identified by ISIN XS1038710932, was issued by SBAB Bank, a state-owned Swedish financial institution primarily focused on mortgage lending and housing finance. Originating from Sweden, this particular zero-coupon bond, characterized by a 0% interest rate and thus no periodic interest payments, represented a total issuance size of 300,000,000 Swedish Kronor (SEK) with a minimum purchase threshold of 1,000,000 SEK. Structured to mature on August 26, 2016, the bond has since reached its maturity date and was successfully redeemed at 100% of its face value, reflecting its full repayment to bondholders. |