Bond Kommuninvest i Sverige AB 0% ( XS2673106295 ) in USD
| Issuer | Kommuninvest i Sverige AB | ||||||||
| Market price | 100 % ⇌ | ||||||||
| Country | Sweden
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| ISIN code |
XS2673106295 ( in USD )
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| Interest rate | 0% | ||||||||
| Maturity | 08/20/2024 - 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. The financial markets recently observed the maturity and subsequent repayment of the Kommuninvest i Sverige AB bond, identified by ISIN code XS2673106295, on its scheduled maturity date of August 20, 2024. This debt instrument, denominated in USD, was notably characterized as a zero-coupon bond, meaning it did not feature periodic interest payments throughout its lifecycle. Instead, investors typically acquire such bonds at a discount to their face value, with the yield realized upon redemption at par. Kommuninvest i Sverige AB, the issuer, is a highly regarded municipal financing institution based in Sweden, collectively owned by Swedish municipalities and regions. Its fundamental mission is to provide efficient and cost-effective financing solutions to its members, thereby enabling vital public investments in areas such as infrastructure, welfare, and essential public services across Sweden. The bond, having reached its full term, was repaid at 100% of its face value, confirming the fulfillment of the issuer's obligations to its bondholders. |
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