Bond DNB Ban ASA 4% ( XS2521025408 ) in GBP

Issuer	DNB Ban ASA
Market price	99.91 % ▲
Country	Norway
ISIN code	XS2521025408 ( in GBP )
Interest rate	4% per year ( payment 1 time a year)
Maturity	17/08/2027
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Minimal amount	100 000 GBP
Total amount	750 000 000 GBP
Next Coupon	17/08/2026 ( In 191 days )
Detailed description	DNB Bank ASA is Norway's largest financial services group, offering a wide range of banking, insurance, and asset management services to individuals and corporations, both domestically and internationally. A detailed analysis reveals key characteristics of the DNB Bank ASA bond, identified by ISIN XS2521025408, issued from Norway. DNB Bank ASA, as Norway's largest financial services group headquartered in Oslo, holds a commanding position in the Nordic financial landscape, offering a comprehensive suite of banking and financial services and known for its robust market presence and stability. This particular sterling-denominated fixed-income instrument currently trades at 99.18% of its face value, offering an annual interest rate of 4%. The bond has a maturity date of August 17, 2027, with interest payments made annually. The total issued volume for this offering is 750,000,000 GBP, with a minimum investment lot stipulated at 100,000 GBP.