Bond Volva 0.948% ( XS2219385858 ) in SEK

Issuer Volva
Market price 100 %  ▲ 
Country  Sweden
ISIN code  XS2219385858 ( in SEK )
Interest rate 0.948% per year ( payment 1 time a year)
Maturity 17/05/2023 - Bond has expired



Prospectus brochure of the bond Volvo XS2219385858 in SEK 0.948%, expired


Minimal amount 2 000 000 SEK
Total amount 500 000 000 SEK
Detailed description Volvo Cars is a Swedish multinational automotive manufacturer known for its focus on safety, luxury, and sustainability.

This financial article details a specific debt instrument, ISIN XS2219385858, issued by Volvo, a distinguished Swedish multinational manufacturing corporation headquartered in Gothenburg. AB Volvo is globally renowned for its core businesses, which include the production of trucks, buses, construction equipment, and marine and industrial engines, firmly establishing its position as a major industrial conglomerate with a robust global presence. The bond, denominated in Swedish Kronor (SEK), featured an annual coupon rate of 0.948% and represented a total issuance size of SEK 500,000,000. It was initially offered with a minimum purchase size of SEK 2,000,000. Originating from Sweden, this fixed-income security carried a maturity date of May 17, 2023. As of that date, the bond successfully reached its maturity and was subsequently redeemed at its par value of 100%, signifying the full repayment of principal to all bondholders. This orderly repayment underscores the issuer's commitment to its financial obligations and marks the complete conclusion of the bond's lifecycle.