Bond ING Groep N.V. 0% ( XS2633312900 ) in EUR

Issuer	ING Groep N.V.
Market price	100 % ⇌
Country	Netherlands
ISIN code	XS2633312900 ( in EUR )
Interest rate	0%
Maturity	31/05/2024 - Bond has expired
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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 financial instrument under review, an obligation identified by ISIN XS2633312900, was issued by ING Bank N.V., the primary banking subsidiary of ING Group, a globally recognized financial institution headquartered in the Netherlands, known for its extensive retail, direct, commercial, and wholesale banking operations across numerous international markets. This specific bond, denominated in EUR and issued from the Netherlands, was characterized by a 0% interest rate, effectively making it a zero-coupon instrument. With a defined maturity date of May 31, 2024, the bond has successfully reached its full term and has been fully reimbursed to investors at its market price of 100% of the principal amount, signifying the completion of its lifecycle and the repayment of the initial investment.