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 detailed financial overview reveals the characteristics of a specific bond, identified by ISIN XS1357925350, which was issued by ING Bank, a prominent global financial institution headquartered in the Netherlands and known for its comprehensive banking services, including retail, wholesale, and investment banking across numerous international markets. This particular obligation, denominated in USD, was part of a total issuance size of 160,000 units, with a minimum purchase size set at 1,000 units. Noteworthy for its 0% stated interest rate, implying a zero-coupon structure where returns would typically be realized from a discount to par, the bond had a specified payment frequency of two, and was quoted at a market price of 100% upon its reported status; the instrument reached its maturity date on February 4, 2019, and has since been fully redeemed, indicating the issuer fulfilled its obligation to bondholders.
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XS1357925350 ( in USD )
