Bond DNB Boliglån A.S 0.01% ( XS2289593670 ) in EUR

Issuer DNB Boliglån A.S
Market price 100 %  ⇌ 
Country  Norway
ISIN code  XS2289593670 ( in EUR )
Interest rate 0.01% per year ( payment 1 time a year)
Maturity 21/01/2031 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 1 500 000 000 EUR
Detailed description DNB Boligkreditt A.S. is a Norwegian mortgage lending company, a subsidiary of DNB Bank ASA, providing a range of mortgage products to residential and commercial property owners in Norway.

An Euro-denominated bond, identified by ISIN code XS2289593670, issued by DNB Boligkreditt A.S., a specialized Norwegian mortgage company and wholly-owned subsidiary of DNB Bank ASA (Norway's largest financial services group established to issue covered bonds for residential mortgages), has recently matured and been redeemed. This bond, originally issued in Norway, featured an annual interest rate of 0.01% and carried a total issue size of EUR 1,500,000,000, with a minimum purchase increment of EUR 100,000 and a payment frequency of once per year. Although its stipulated maturity date was January 21, 2031, the instrument successfully reached its full term and was redeemed at its par value, reflecting a final market price of 100% upon its conclusion.