Bond NorthInvest Bank 0% ( XS1358838834 ) in EUR

Issuer	NorthInvest Bank
Market price	100 % ⇌
Country	Finland
ISIN code	XS1358838834 ( in EUR )
Interest rate	0%
Maturity	04/02/2036
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	32 000 000 EUR
Detailed description	Nordic Investment Bank (NIB) is an international financial institution owned by the eight Nordic and Baltic countries that finances projects in its member countries and selected other areas, focusing on environmental sustainability and competitiveness. This financial article details an outstanding bond, identified by ISIN XS1358838834, issued by the Nordic Investment Bank (NIB). NIB is a highly-rated international financial institution and multilateral development bank, jointly owned by the Nordic and Baltic countries, with a mandate to finance projects that enhance productivity and benefit the environment of its member states. Issued with Finland as its country of issuance, this particular bond is denominated in Euros (EUR) and represents a total issuance size of EUR 32,000,000. Currently, the bond trades at its par value of 100% on the market. Notably, it is structured as a zero-coupon bond, featuring a 0% interest rate and a single payment frequency, implying that investors receive their principal redemption at the maturity date, set for February 4, 2036. The minimum investment for this instrument is EUR 100,000.