Bond NorthInvest Bank 5.5% ( XS1602266923 ) in INR

Issuer	NorthInvest Bank
Market price	100 % ⇌
Country	Finland
ISIN code	XS1602266923 ( in INR )
Interest rate	5.5% per year ( payment 1 time a year)
Maturity	29/05/2020 - Bond has expired
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Minimal amount	100 000 INR
Total amount	150 000 000 INR
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. The bond identified by ISIN XS1602266923, issued from Finland by the Nordic Investment Bank (NIB), a multilateral financial institution co-owned by eight Nordic and Baltic countries that finances projects enhancing competitiveness and the environment, reached its maturity on May 29, 2020, and has subsequently been fully repaid. This debt instrument, denominated in Indian Rupees (INR), carried an annual interest rate of 5.5% and represented a total issuance size of 150,000,000 INR, with a minimum purchase lot of 100,000 INR. The bond, which was valued at 100% of its nominal value at the time of its redemption, has completed its lifecycle as per its original terms.