Kommunalbanken is a Norwegian state-owned bank primarily providing financing to municipalities and county councils.
Bond XS2292963613, a specific debt instrument that has now fully matured and been redeemed, represented a zero-coupon obligation issued in Hong Kong Dollars (HKD) with a 0% interest rate. The issuer, Kommunalbanken, is a significant state-owned financial institution based in Norway, renowned for its crucial role in providing financing to the Norwegian local government sector and maintaining a strong credit standing. This particular issue comprised a total size of HKD 250,000,000, with investors typically acquiring in minimum lots of HKD 1,000,000. Originally issued from Norway, its scheduled maturity date was January 29, 2022, upon which the bond reached its term and was successfully reimbursed at 100% of its face value, concluding its lifecycle.
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XS2292963613 ( in HKD )
