Bond Nordic Invest Bank 1.572% ( XS2464090997 ) in EUR

Issuer	Nordic Invest Bank
Market price	100 % ⇌
Country	Finland
ISIN code	XS2464090997 ( in EUR )
Interest rate	1.572% per year ( payment 1 time a year)
Maturity	08/04/2037 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	50 000 000 EUR
Detailed description	The Nordic Investment Bank (NIB) is an international financial institution owned by the eight Nordic and Baltic countries that finances projects in its member countries and selected other countries focusing on environmental sustainability and competitiveness. An analysis of the debt instrument identified by ISIN XS2464090997, issued by the Nordic Investment Bank (NIB), reveals its recent maturity and full repayment. The Nordic Investment Bank, an international financial institution co-owned by eight Nordic and Baltic countries including Finland, its country of issuance, is dedicated to financing projects that promote sustainable growth and environmental protection both within and outside its member states, typically implying a strong credit profile. This specific bond, denominated in Euro (EUR) and carrying a fixed annual coupon rate of 1.572%, had an original total issue size of EUR 50,000,000, with a minimum lot size for investors set at EUR 100,000; while initially indicating a maturity date of April 8, 2037, this particular obligation has now reached its full term and has been fully redeemed at its nominal value of 100%.