Bond Nordic Invest Bank 0% ( XS1777873883 ) in EUR

Issuer	Nordic Invest Bank
Market price	100 % ⇌
Country	Finland
ISIN code	XS1777873883 ( in EUR )
Interest rate	0%
Maturity	20/02/2048
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Minimal amount	100 000 EUR
Total amount	10 000 000 EUR
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 examination of the bond market reveals the specifications of the ISIN XS1777873883 bond, issued by the Nordic Investment Bank (NIB), an international financial institution established by the Nordic and Baltic countries and headquartered in Helsinki, Finland, dedicated to promoting sustainable growth and competitiveness in its member countries through long-term financing; this particular Euro-denominated instrument, currently trading at 100% of its par value, is notable for its 0% interest rate, classifying it as a zero-coupon bond where investors anticipate a single principal repayment at its distant maturity date of February 20, 2048, as part of a total issuance size of EUR 10,000,000, with a minimum investment threshold of EUR 100,000.