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ItalianoBond Kommunalbanken 2.59% ( XS2339514478 ) in CNY
| Issuer | Kommunalbanken | ||||||||||||||||||||||||||||||||||||||||||
| Market price | 100.00 % ⇌ | ||||||||||||||||||||||||||||||||||||||||||
| Country |  Norway
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| ISIN code |
 XS2339514478 ( in CNY )
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| Interest rate | 2.59% per year ( payment 1 time a year) | ||||||||||||||||||||||||||||||||||||||||||
| Maturity | 06/05/2022 - Bond has expired | ||||||||||||||||||||||||||||||||||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 000 000 CNY | ||||||||||||||||||||||||||||||||||||||||||
| Total amount | 500 000 000 CNY | ||||||||||||||||||||||||||||||||||||||||||
| Detailed description |
Kommunalbanken is a Norwegian state-owned bank primarily providing financing to municipalities and county councils. A financial review of the bond identified by ISIN XS2339514478, issued by Kommunalbanken?a Norwegian state-owned financial institution primarily serving the municipal sector and widely recognized for its robust credit standing?reveals it was a Chinese Yuan (CNY) denominated instrument, originating from Norway, with an annual interest rate of 2.59% on a total issuance volume of 500,000,000 CNY, requiring a minimum purchase of 1,000,000 CNY and featuring an annual payment frequency, which successfully matured and was fully repaid at its face value on May 6, 2022. |
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