Bond Nederlandse Gemeentebank 0% ( XS1117316163 ) in EUR

Issuer	Nederlandse Gemeentebank
Market price	100 % ⇌
Country	Netherlands
ISIN code	XS1117316163 ( in EUR )
Interest rate	0%
Maturity	06/10/2059
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 000 EUR
Total amount	10 000 000 EUR
Detailed description	Bank Nederlandse Gemeenten (BNG Bank) is a Dutch bank specializing in financing municipalities and other public sector entities. A notable debt instrument, identified by ISIN XS1117316163, has been issued by Bank Nederlandse Gemeenten (BNG Bank), a prominent public-sector financial institution based in the Netherlands. As a zero-coupon bond, this instrument carries no specified interest rate, meaning investors will not receive periodic coupon payments; instead, the investment's return will be realized upon its exceptionally long maturity date of October 6, 2059. The bond, denominated in Euros and originating from the Netherlands, is currently quoted at 100% of its par value on the market. BNG Bank, the issuer, holds a pivotal role in the Dutch financial landscape, primarily serving the country's public sector by providing financing to local authorities, housing associations, and public utility companies. Its business model, characterized by low-risk lending to entities supported by the Dutch public sector, contributes to its high credit standing and reputation as a reliable issuer in the European fixed-income market. The total issuance volume for this particular bond stands at ?10,000,000, with a substantial minimum lot size for purchase set at ?100,000, indicating its suitability for institutional investors and other large-scale market participants seeking long-term exposure to a publicly-backed European entity.