Bond ING Groep N.V. 0% ( XS2603673315 ) in USD

Issuer	ING Groep N.V.
Market price	100 % ⇌
Country	Netherlands
ISIN code	XS2603673315 ( in USD )
Interest rate	0%
Maturity	20/03/2024 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	/
Total amount	/
Detailed description	ING Bank N.V. is a multinational banking and financial services corporation headquartered in Amsterdam, Netherlands, offering a wide range of services including retail banking, wholesale banking, and investment banking globally. The bond identified by ISIN XS2603673315, issued by ING Bank N.V., has recently reached its maturity and been fully repaid to investors. ING Bank N.V., a major global financial institution headquartered in the Netherlands, is widely recognized for its extensive banking operations and financial services across various markets. This specific debt instrument, denominated in US Dollars, matured on March 20, 2024. A distinctive characteristic of this bond was its 0% interest rate, classifying it as a zero-coupon bond; such instruments typically do not disburse periodic interest payments but are instead designed to be issued at a discount and redeemed at their full face value upon maturity. In line with its terms, the bond was repaid at 100% of its principal, confirming the successful conclusion of this obligation for ING Bank N.V. and its holders.