Bond ING Groep 0% ( XS1161028110 ) in USD

Issuer	ING Groep
Market price	100 % ⇌
Country	Netherlands
ISIN code	XS1161028110 ( in USD )
Interest rate	0%
Maturity	26/12/2017 - Bond has expired
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Minimal amount	1 000 USD
Total amount	2 000 000 USD
Detailed description	ING Bank is a multinational banking and financial services corporation headquartered in Amsterdam, offering a wide range of banking products and services to individuals and businesses globally. A specific debt instrument, identified by ISIN XS1161028110, was issued by ING Bank, a prominent Dutch multinational banking and financial services corporation headquartered in Amsterdam and a significant global financial institution. This particular bond, denominated in USD, represented a total issuance size of $2,000,000, originating from the Netherlands, with a minimum investment threshold set at $1,000. The bond featured a 0% interest rate, indicating it was structured without periodic coupon payments, and was noted to be trading at 100% of its par value prior to its full redemption. As of December 26, 2017, this obligation officially reached its maturity date, at which point it was fully repaid to investors, completing its lifecycle within the financial markets.