Bond ING Groep 5.65% ( XS2498957500 ) in AUD

Issuer	ING Groep
Market price	100 % ⇌
Country	Netherlands
ISIN code	XS2498957500 ( in AUD )
Interest rate	5.65% per year ( payment 1 time a year)
Maturity	27/09/2032
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 000 AUD
Total amount	60 000 000 AUD
Next Coupon	27/09/2026 ( In 287 days )
Detailed description	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. A fixed-income instrument issued by ING Bank, identified by ISIN XS2498957500, presents a notable profile for investors seeking exposure to the bond market. ING Bank, a prominent global financial institution headquartered in the Netherlands, operates across a wide spectrum of banking services, including retail banking, direct banking, commercial banking, wholesale banking, and asset management, distinguished by its extensive international footprint and solid financial standing, consistently ranking among Europe's leading banks and known for its prudent financial management and robust credit ratings. This particular bond, issued out of the Netherlands, is denominated in Australian Dollars (AUD), with a substantial total issue size of AUD 60,000,000. It carries a fixed annual interest rate, or coupon, of 5.65%, providing investors with a predictable income stream. The instrument is currently quoted at 100% of its nominal value in the market, implying it is trading at par. Investors are presented with a maturity date of September 27, 2032, providing a long-term investment horizon. Interest payments are scheduled annually, with a frequency of one payment per year. For potential investors, the minimum purchase size is set at AUD 1,000,000, catering to institutional or high-net-worth individual portfolios.