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.
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