Bond Kommuninvest i Sverige AB 0% ( XS2634376599 ) in USD
| Issuer | Kommuninvest i Sverige AB | ||||||||
| Market price | 100 % ⇌ | ||||||||
| Country | Sweden
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| ISIN code |
XS2634376599 ( in USD )
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| Interest rate | 0% | ||||||||
| Maturity | 06/05/2024 - Bond has expired | ||||||||
| Minimal amount | / | ||||||||
| Total amount | / | ||||||||
| Detailed description |
Kommuninvest i Sverige AB is a Swedish municipal financing company that provides loans and other financial services to Swedish municipalities and municipal-owned entities. An informative review of the matured financial instrument, ISIN XS2634376599, details a Zero-Coupon Bond issued by Kommuninvest i Sverige AB, a highly reputable Swedish municipal financing institution jointly owned by its member municipalities and regions, which plays a crucial role in providing cost-effective and secure funding for public infrastructure and services across Sweden; this USD-denominated security, originating from Sweden, featured a 0% interest rate, inherently signifying its structure as a zero-coupon instrument designed to be redeemed at its face value, as evidenced by its market price of 100% at the time of repayment, and successfully reached its maturity on June 5, 2024, at which point it was duly repaid to its holders, concluding its lifecycle within the capital markets. |
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