Bond Kommuninvest Sverige 2.5% ( XS1790338799 ) in USD
| Issuer | Kommuninvest Sverige | ||
| Market price | 100 % ▼ | ||
| Country | Sweden
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| ISIN code |
XS1790338799 ( in USD )
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| Interest rate | 2.5% per year ( payment 2 times a year) | ||
| Maturity | 01/06/2020 - Bond has expired | ||
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| Minimal amount | 200 000 USD | ||
| Total amount | 600 000 000 USD | ||
| Detailed description |
Kommuninvest is a Swedish municipal financing company that provides loans and other financial services to Swedish municipalities and municipal-owned entities. A noteworthy fixed-income instrument, identified by the ISIN XS1790338799, was issued by Kommuninvest i Sverige, a prominent Swedish municipal cooperation dedicated to providing efficient and secure financing and debt management services for its member municipalities and regions across Sweden. This particular bond, denominated in USD, originated from Sweden and featured a coupon rate of 2.5%, with interest payments disbursed on a semi-annual basis. The total size of this issuance amounted to $600,000,000, with a specified minimum purchase tranche of $200,000 for investors. The bond reached its maturity on June 1, 2020, at which point its market price stood at 100%, and it has since been fully repaid to bondholders. |
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