Bond DNB Boliglån A.S 1.505% ( XS1752915808 ) in EUR

Issuer	DNB Boliglån A.S
Market price	100 % ⇌
Country	Norway
ISIN code	XS1752915808 ( in EUR )
Interest rate	1.505% per year ( payment 1 time a year)
Maturity	25/01/2038 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	50 000 000 EUR
Detailed description	DNB Boligkreditt A.S. is a Norwegian mortgage lending company, a subsidiary of DNB Bank ASA, providing a range of mortgage products to residential and commercial property owners in Norway. The XS1752915808 bond, a Euro-denominated debt instrument issued by DNB Boligkreditt A.S., a prominent Norwegian mortgage company and a wholly-owned subsidiary of DNB Bank ASA, Norway's largest financial services group, has successfully concluded its lifecycle, having matured and been fully redeemed on its scheduled date of January 25, 2038. DNB Boligkreditt A.S. specializes in the issuance of covered bonds, leveraging its strong credit profile and the backing of its parent company to fund its extensive mortgage portfolio. This specific obligation, originating from Norway, was part of a 50,000,000 EUR total issue, with a minimum purchase amount set at 100,000 EUR, and provided investors with a fixed annual interest rate of 1.505%. Upon reaching its maturity, the bond was fully repaid at its par value of 100%, completing its investment cycle as expected.