Bond Nordic Invest Bank 1.96% ( XS1772332265 ) in EUR

Issuer	Nordic Invest Bank
Market price	100 % ⇌
Country	Finland
ISIN code	XS1772332265 ( in EUR )
Interest rate	1.96% per year ( payment 4 times a year)
Maturity	13/02/2048
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Minimal amount	1 000 000 EUR
Total amount	20 000 000 EUR
Next Coupon	14/02/2026 ( In 5 days )
Detailed description	The 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 countries focusing on environmental sustainability and competitiveness. An investment opportunity is presented in a long-term bond, identified by ISIN XS1772332265, issued by the Nordic Investment Bank (NIB), an international financial institution jointly owned by the Nordic and Baltic countries, committed to financing projects that enhance competitiveness and the environment; this specific issuance, originating from Finland, is currently trading at par (100% of its nominal value) and is denominated in EUR, bearing an annual interest rate of 1.96% with interest payments disbursed quarterly. The total issuance size for this bond amounts to EUR 20,000,000, with a minimum purchase lot of EUR 1,000,000, and it is set to mature on February 13, 2048, offering investors a substantial duration.