ING Bank is a multinational banking and financial services corporation headquartered in Amsterdam, offering a wide range of banking products and services to individuals and businesses globally.
This financial analysis details a specific bond issuance, identified by ISIN XS2322308359, originating from ING Bank, a prominent global financial institution headquartered in the Netherlands and recognized for its comprehensive banking, investment, and asset management services catering to a diverse client base including individuals, small and medium-sized enterprises, and large corporations worldwide. The bond, categorized as a debt instrument, is currently quoted at 100% of its nominal value on the market and is denominated in USD. Notably, it features a 0% interest rate, indicating its structure as a zero-coupon bond where investors do not receive periodic interest payments. The total size of this particular issuance stands at 17,000,000 USD, with a minimum subscription tranche established at 1,000,000 USD. This instrument carries a long-term maturity date of March 31, 2036, and while structured as a zero-coupon bond, a payment frequency of two (implying semi-annual) is specified, typically relevant for yield calculations or underlying structural characteristics rather than actual cash distributions.
|