Bond Nordic Invest Bank 3.67% ( XS2810293048 ) in EUR

Issuer Nordic Invest Bank
Market price 100 %  ⇌ 
Country  Finland
ISIN code  XS2810293048 ( in EUR )
Interest rate 3.67% per year ( payment 1 time a year)
Maturity 29/04/2039 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 75 000 000 EUR
Detailed description The Nordic Investment Bank (NIB) is an international financial institution owned by the eight Nordic and Baltic countries that finances projects in its member countries and selected other countries focusing on environmental sustainability and competitiveness.

The Euro-denominated bond, ISIN XS2810293048, issued by the Nordic Investment Bank (NIB), has successfully matured and been fully repaid. The Nordic Investment Bank, a multilateral financial institution headquartered in Helsinki, Finland, and jointly owned by the eight Nordic and Baltic countries, serves as a supranational financial institution providing long-term financing for projects that enhance competitiveness and the environment. This particular debt instrument, which reached its maturity on April 29, 2039, carried an annual interest rate of 3.67% and was redeemed at 100% of its face value upon conclusion. With a total issue size of EUR 75,000,000 and a minimum purchase increment of EUR 100,000, this bond was primarily targeted at institutional investors. Its final repayment signifies the complete conclusion of its lifecycle as a financial asset.