Bond DNB Ban ASA 0.55% ( XS1910197414 ) in EUR

Issuer DNB Ban ASA
Market price 100 %  ⇌ 
Country  Norway
ISIN code  XS1910197414 ( in EUR )
Interest rate 0.55% per year ( payment 1 time a year)
Maturity 16/04/2023 - Bond has expired



Prospectus brochure of the bond DNB Bank ASA XS1910197414 in EUR 0.55%, expired


Minimal amount 100 000 EUR
Total amount 10 000 000 EUR
Detailed description DNB Bank ASA is Norway's largest financial services group, offering a wide range of banking, insurance, and asset management services to individuals and corporations, both domestically and internationally.

An analysis of the XS1910197414 bond, issued by DNB Bank ASA, a prominent Norwegian financial services group and the country's largest financial institution headquartered in Oslo, reveals details of this now-matured debt instrument. Originating from Norway, this bond was denominated in EUR and carried an annual interest rate of 0.55%. The total issue size amounted to EUR 10,000,000, with a minimum lot size for acquisition set at EUR 100,000. Interest payments were scheduled annually, confirming a frequency of one. The bond reached its maturity date on April 16, 2023, at which point it was fully redeemed at its par value of 100%, signifying the successful conclusion of its lifecycle as a debt instrument and its repayment to bondholders according to its terms.