Bond ING Bank 16.1% ( XS1241887840 ) in USD

Issuer ING Bank
Market price 99.63 %  ⇌ 
Country  Netherlands
ISIN code  XS1241887840 ( in USD )
Interest rate 16.1% per year ( payment 2 times a year)
Maturity 20/04/2016 - Bond has expired



Prospectus brochure of the bond ING Bank XS1241887840 in USD 16.1%, expired


Minimal amount 1 000 000 USD
Total amount 1 000 000 000 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 notable fixed-income instrument, identified by ISIN XS1241887840, issued by ING Bank, a prominent global financial institution headquartered in the Netherlands and a significant player in retail, wholesale, and corporate banking across numerous international markets, has successfully reached its maturity and been fully redeemed. This U.S. Dollar-denominated bond carried a significant annual interest rate of 16.1%, with coupon payments disbursed on a semi-annual basis. The total issuance volume for this particular security amounted to USD 1,000,000,000, designed for institutional and high-net-worth investors with a minimum lot size of USD 1,000,000. This bond achieved its maturity date on April 20, 2016, at which point it was trading at 100% of its principal value, confirming its repayment at par to its bondholders.
DateClean price
07/08/2024100.00%
25/07/202499.63%
15/06/202399.63%