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ItalianoBond Kommuninvest i Sverige AB 0% ( XS2838356348 ) in USD
| Issuer | Kommuninvest i Sverige AB | ||||||||
| Market price | 100 % ⇌ | ||||||||
| Country |  Sweden
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| ISIN code |
 XS2838356348 ( in USD )
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| Interest rate | 0% | ||||||||
| Maturity | 02/05/2025 - 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. A specific fixed-income instrument, identified by its ISIN XS2838356348, recently concluded its lifecycle in the global financial markets, having reached its maturity date on February 5, 2025, and subsequently being fully redeemed. This particular bond, denominated in USD and issued from Sweden, presented a unique structure with a 0% interest rate, indicating it was likely a zero-coupon bond designed for principal repayment at par. Its final settlement occurred at 100% of its face value, confirming the successful return of capital to investors upon redemption. The issuer, Kommuninvest i Sverige AB, is a highly regarded municipal finance company jointly owned by Swedish municipalities and regions, functioning as a vital entity in the Swedish public sector. Its core mission involves providing cost-efficient financing to its members by pooling their borrowing requirements and accessing international capital markets, leveraging its collective strong credit profile to secure favorable terms. Although a payment frequency of '2' was initially noted for this instrument, its zero-coupon nature meant no periodic interest distributions were applicable. This bond's full redemption underscores the timely fulfillment of obligations by a key public sector issuer, reflecting a standard conclusion for such financial instruments upon reaching their designated maturity. |
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