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ItalianoBond Landsbankinn hf 4.25% ( XS2597768485 ) in EUR
| Issuer | Landsbankinn hf | ||||||||
| Market price | 101.84 % ▲ | ||||||||
| Country |  Iceland
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| ISIN code |
 XS2597768485 ( in EUR )
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| Interest rate | 4.25% per year ( payment 1 time a year) | ||||||||
| Maturity | 16/03/2028 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 000 EUR | ||||||||
| Total amount | 300 000 000 EUR | ||||||||
| Detailed description |
Landsbankinn hf is an Icelandic bank offering a range of financial services including retail banking, corporate banking, and investment banking, operating both domestically and internationally. This financial article details a recently matured bond issue, ISIN XS2597768485, originated by Landsbankinn hf. The bond, categorized as an obligation, was issued in Euros (EUR) from Iceland. It featured a fixed annual interest rate of 4.25% and represented a total issuance volume of EUR 300,000,000. The minimum subscription size for this instrument was set at EUR 100,000, with an annual payment frequency. The maturity date for this specific bond was March 16, 2028, at which point it was redeemed at par, consistent with its final market value prior to maturity. Landsbankinn hf, the Icelandic financial institution responsible for this issuance, stands as a prominent and systemically important bank in Iceland, playing a pivotal role in the nation's financial sector. As one of the leading banks in the country, Landsbankinn hf provides a comprehensive suite of banking and financial services to individuals, businesses, and institutional clients, thereby significantly contributing to and supporting various segments of the Icelandic economy. Following its maturity, this obligation has been fully settled and repaid to bondholders. |
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