Bond PKO Bank Polski 0.75% ( XS1650147660 ) in EUR

Issuer	PKO Bank Polski
Market price	100 % ▼
Country	Poland
ISIN code	XS1650147660 ( in EUR )
Interest rate	0.75% per year ( payment 1 time a year)
Maturity	25/07/2021 - Bond has expired
Prospectus brochure in PDF format
Minimal amount	100 000 EUR
Total amount	750 000 000 EUR
Detailed description	PKO Bank Polski is Poland's largest bank by assets, offering a wide range of financial services to individuals and corporations, including retail banking, investment banking, and asset management. The bond identified by ISIN XS1650147660, issued by Poland's PKO Bank Polski, successfully reached its maturity date on July 25, 2021, and has since been fully repaid to bondholders, settling at 100% of its nominal value at the time of maturity. This Euro-denominated fixed-income instrument carried an annual interest rate of 0.75% and represented a significant total issuance size of EUR 750,000,000, with a minimum purchase size set at EUR 100,000. PKO Bank Polski, the esteemed issuer of this bond, stands as Poland's largest and oldest commercial bank, holding a dominant position within the country's financial landscape and serving as a key pillar of the Polish banking sector, catering to a vast customer base across retail, SME, and corporate segments. Its substantial market share, strategic importance, and state-controlled nature contribute to its strong credit profile, making its debt instruments, like the now-matured XS1650147660 bond, a significant consideration for investors seeking exposure to the Polish economy and its robust financial institutions. The successful and timely repayment of this EUR 750 million obligation from its country of issuance, Poland, underscores PKO Bank Polski's unwavering commitment to its financial obligations and reflects the stability and reliability characteristic of debt instruments from established financial institutions within the European economic area.