KBC Bank is a Belgian multinational banking and insurance group providing a range of financial services including retail banking, insurance, and asset management across Europe and internationally.
A specific bond issuance, identified by the ISIN code XS2017800983 and issued by KBC Bank, a leading Belgian universal bank and financial services group headquartered in Brussels, has recently reached its full maturity and been successfully redeemed. This particular debt instrument, originating from Belgium, carried a fixed annual interest rate of 1.9% and was denominated in New Zealand Dollars (NZD). With its maturity date established as August 8, 2024, the bond was structured with a minimum purchase size of 2,000 NZD. Reflecting its orderly conclusion, the bond's market price stood at 100% of its face value at the time of its repayment, confirming its full reimbursement to investors.
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