Bond NorthInvest Bank 1.375% ( XS1760125523 ) in SEK

Issuer	NorthInvest Bank
Market price	98.19 % ▲
Country	Finland
ISIN code	XS1760125523 ( in SEK )
Interest rate	1.375% per year ( payment 1 time a year)
Maturity	26/01/2028
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Next Coupon	27/01/2027 ( In 351 days )
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 financial markets are currently observing a bond, identified by ISIN XS1760125523, issued by the Nordic Investment Bank (NIB). This fixed-income instrument, originating from Finland, is presently quoted at 97.82% of its face value. Denominated in Swedish Krona (SEK), the bond carries an annual coupon rate of 1.375%, with interest payments occurring once per year, and is set to mature on January 26, 2028. The Nordic Investment Bank (NIB) is a prominent multilateral financial institution jointly owned by the eight Nordic and Baltic countries (Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden), primarily financing projects that enhance competitiveness and improve the environment within its member states, often benefiting from strong credit ratings due to its sovereign backing.