Obligation ING Groep N.V. 0% ( XS1070708778 ) en EUR

ING Groep N.V.

100 % ⇌

Pays-Bas

XS1070708778 ( en EUR )

0%

26/05/2016 - Obligation échue

Prospectus brochure de l'obligation ING BANK N.V XS1070708778 en EUR 0%, échue

100 000 EUR

1 000 000 000 EUR

ING Bank N.V. est une banque multinationale néerlandaise offrant une large gamme de services financiers, notamment la banque de détail, la banque d'investissement et la gestion d'actifs, à travers le monde.

L'analyse détaillée d'une obligation émise par ING Bank N.V. révèle les caractéristiques suivantes de cet instrument de dette : l'émetteur, ING Bank N.V., est une institution financière néerlandaise de premier plan et une filiale du groupe ING Groep N.V., acteur majeur des services bancaires et financiers à l'échelle mondiale, reconnue pour sa solidité financière et sa présence internationale; cette obligation, identifiée par le code ISIN XS1070708778, était un titre libellé en Euro (EUR) émis depuis les Pays-Bas, caractérisé par un taux d'intérêt nominal de 0%, la classant ainsi parmi les obligations à coupon zéro; le montant total de l'émission s'élevait à 1 000 000 000 EUR, avec une taille minimale de souscription ou de négociation fixée à 100 000 EUR; sa date de maturité était le 26 mai 2016, et bien que la fréquence de paiement soit indiquée à "1", celle-ci concernait principalement le remboursement du principal étant donné l'absence de coupon; il est crucial de souligner que cette obligation a atteint sa date d'échéance et a été intégralement remboursée à sa valeur nominale de 100% le 26 mai 2016, confirmant ainsi le respect de ses engagements par l'émetteur envers les porteurs et marquant la fin de son cycle de vie financier.

Final Terms dated 29 August 2014

ING Bank N.V.
Issue of 150,000,000 2 Year Floating Rate Notes due May 2016 (the "Notes")
(to be consolidated and form a single series with the 500,000,000 2 Year Floating Rate Notes due May
2016 issued on 26 May 2014 and the 350,000,000 2 Year Floating Rate Notes due May 2016 issued on
28 August 2014, the "Existing Notes") under the 55,000,000,000 Debt Issuance Programme

The Base Prospectus referred to below (as completed by these Final Terms) has been prepared on the basis
that any offer of Notes in any Member State of the European Economic Area which has implemented
Directive 2003/71/EC, as amended from time to time (the "Prospectus Directive"), (each, a "Relevant
Member State") will be made pursuant to an exemption under the Prospectus Directive, as implemented in
that Relevant Member State, from the requirement to publish a prospectus for offers of the Notes.
Accordingly any person making or intending to make an offer in that Relevant Member State of the Notes
may only do so in circumstances in which no obligation arises for the Issuer or any Dealer to publish a
prospectus pursuant to Article 3 of the Prospectus Directive or supplement a prospectus pursuant to Article
16 of the Prospectus Directive, in each case, in relation to such offer. Neither the Issuer nor any Dealer has
authorised, nor do they authorise, the making of any offer of Notes in any other circumstances.
Part A -- Contractual Terms
Terms used herein shall be deemed to be defined as such for the purposes of the Terms and Conditions of the
Notes (the "Conditions") set forth in the Base Prospectus dated 9 May 2014 as supplemented from time to
time, which constitutes a base prospectus for the purposes of Directive 2003/71/EC, as amended from time
to time (the "Prospectus Directive"). This document constitutes the Final Terms applicable to the issue of
Notes described herein for the purposes of Article 5.4 of the Prospectus Directive (as implemented by the
Dutch Financial Supervision Act (Wet op het financieel toezicht) and its implementing regulations and must
be read in conjunction with such Base Prospectus. Full information on the Issuer and the offer of the Notes is
only available on the basis of the combination of these Final Terms and the Base Prospectus. The Base
Prospectus is available for viewing at the Issuer's website (www.ing.com/Our-Company/Investor-
relations/Fixed-income-information.htm) and copies may be obtained from ING Groep N.V., c/o ING Bank
N.V. at Foppingadreef 7, 1102 BD Amsterdam, The Netherlands.
Prospective investors should carefully consider the section "Risk Factors" in the Base Prospectus.
General Description of the Notes

1
Issuer:
ING Bank N.V.
2
(i) Series Number:
123
(ii) Tranche:
3
The Notes will be consolidated and form a single
Series with the Existing Notes.

1

(iii) Date on which the Notes will be

consolidated and form a single series:
The Notes will be consolidated and form a single
Series with the first and second Tranche, issued on 26
May 2014 and 28 August 2014 respectively, on the
exchange of the Temporary Global Note for interest
in the Permanent Global Note, as referred to in
paragraph 22 below, which is expected to occur on or
around 8 October 2014.
3
Specified Currency or Currencies:
EUR ()
4
Aggregate Nominal Amount:

(i) Tranche:
150,000,000
(ii) Series:
1,000,000,000
5
Issue Price:
100.07% of the Aggregate Nominal Amount (plus 3
calendar days accrued interest from (and including)
26 August 2014 to (but excluding) the Issue Date in
the amount of 5,787.50).
6
(i) Specified Denominations:
100,000

(ii) Calculation Amount:
Not Applicable
7
(i) Issue Date:
29 August 2014
(ii) Interest Commencement Date:
26 August 2014
8
Maturity Date:
The Interest Payment Date falling in or nearest to
May 2016.
9
Interest Basis:
Floating Rate 3 Month EURIBOR + 0.28% per
annum (further particulars specified in paragraph 15
below).
10 Redemption/Payment Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the
Maturity Date at 100% of their Aggregate Nominal
Amount.
11 Change of Interest Basis :
Not Applicable
12

Put/Call Options:
Not Applicable
13 Status of the Notes:
Senior
Provisions relating to Interest (if any) payable
14 Fixed Rate Note Provisions:
Not Applicable
15

Floating Rate Note Provisions:
Applicable

(i) Specified Period(s)/Specified Interest
Payment Dates:
26 November, 26 February, 26 May 2014 and 26
August in the period from (and including) 26
November 2014 up to (and including) 26 May 2016,
adjusted in accordance with the Business Day
Convention specified in 15(ii) below.
2

(ii) Business Day Convention:
Modified Following Business Day Convention
(Adjusted)

(iii) Additional Business Centre(s):
No Additional Business Centres

(iv) Manner in which the Rate of Interest
and Interest Amount(s) is/are to be
determined:
Screen Rate Determination

(v) Party responsible for calculating the
Rate of Interest and Interest Amount(s):
Calculation Agent

(vi) Screen Rate Determination:
Applicable

- Reference Rate:
3 Month EUR - EURIBOR

- Interest Determination Date(s):
The second Business Day prior to the start of each
Interest Period.

- Relevant Screen Page:
Reuters Screen EURIBOR01 Page

(vii) ISDA Determination:
Not Applicable

(viii) Margin(s):
+0.28 % per annum

(ix) Minimum Rate of Interest:
Not Applicable

(x) Maximum Rate of Interest:
Not Applicable

(xi) Day Count Fraction:
Actual/360
16

Zero Coupon Note Provisions
Not Applicable
Provisions relating to Redemption

17 Issuer Call
Not Applicable
18 Investor Put
Not Applicable
19 Regulatory Call
Not Applicable
20 Final Redemption Amount of each Note:
100,000 per Specified Denomination.
21 Early Redemption Amount

(i) Early Redemption Amount of each Note

payable on redemption for taxation reasons

or on event of default:
Condition 6(f) applies.

(ii) Notice period:
As set out in the Conditions.
General Provisions Applicable to the Notes

22 Form of Notes:

(i)
Form:
Bearer Notes

Temporary Global Note exchangeable for a
Permanent Global Note which is exchangeable for
Definitive Notes only on the occurrence of an
Exchange Event, subject to mandatory provisions of
applicable laws and regulations.
3

(ii)
New Global Note:
Yes
23 Additional Financial Centre(s) or other

special provisions relating to Payment

Dates:
Not Applicable
24 Talons for future Coupons to be attached to

Definitive Notes (and dates on which such

Talons mature):
No
25 Other final terms relating to SIS Notes:
Not Applicable

Responsibility
The Issuer accepts responsibility for the information contained in these Final Terms. To the best of the
knowledge and belief of the Issuer (having taken all reasonable care to ensure that such is the case) the
information contained in these Final Terms is in accordance with the facts and does not omit anything likely
to affect the import of such information.
Signed on behalf of the Issuer:

By:
........................................
By:
.......................................

Duly authorised

Duly authorised

4

Part B -- Other Information
1.
Listing and Trading
(i) Listing and admission to trading

The Existing Notes are already admitted to
trading on the Luxembourg Stock Exchange.
Application is expected to be made by the Issuer
(or on its behalf) for the Notes to be admitted to
trading on the Luxembourg Stock Exchange with
effect from the Issue Date or as soon as possible
thereafter.
(ii) Estimate of total expenses related to

admission to trading:
1,700

2.
Ratings

Ratings:
The Notes to be issued will not be rated

3.
Interests of Natural and Legal Persons involved in the Issue

Save for any fees payable to the Dealers, so far as the Issuer is aware, no person involved in the
issue of the Notes has an interest material to the offer. The Dealers and their affiliates have engaged,
and may in the future engage, in investment banking and/or commercial banking transactions with,
and may perform other services for, the Issuer and its affiliates in the ordinary course of business.

4.
Operational Information
(i) Temporary ISIN:
XS1103712847 (until consolidation after 40 days

after the Issue Date)
(ii) ISIN:
XS1070708778
(iii) Temporary Common Code:
110371284 (until consolidation after 40 days after
the Issue Date)
(iv) Common Code:
107070877
(v) Other relevant code:
Not Applicable
(vi) Any clearing system(s) other than
Euroclear
Bank
SA/NV
and
Clearstream
Banking,
société
anonyme, Euroclear Netherlands and
the Depository Trust Company and
the relevant identification number(s): Not Applicable
(vii) Swiss Securities Number:
Not Applicable
(viii) Delivery:

The delivery of Notes shall be made free of
payment to the Issuer's account number 22529
with Euroclear. Any subsequent delivery of Notes
from the Issuer's account number 22529 with
5

Euroclear to the relevant Dealer(s) shall be made
against payment.
(ix) Name and address of Swiss Paying
Agent:
Not Applicable
(x) Names and addresses of additional

Paying Agent(s) (if any):
Not Applicable
(xi) Name and address of Calculation

Agent:
Not Applicable
(xii) Intended to be held in a manner
which would allow Eurosystem Yes
eligibility:
Note that the designation "Yes" simply means that
the Notes are intended upon issue to be deposited
with one of the International Central Securities
Depositories as Common Safekeeper and does not
necessarily mean that the Notes will be
recognised as eligible collateral for Eurosystem
monetary policy and intra day credit operations
by the Eurosystem either upon issue or at any or
all times during their life. Such recognition will
depend upon the ECB being satisfied that
Eurosystem eligibility criteria have been met.
5.
Distribution
(i) Method of distribution:
Non-syndicated
(ii) If syndicated, names of Managers:
Not Applicable
(iii) Stabilising Manager(s) (if any):
Not Applicable
(iv) If non-syndicated, name of Dealer:
BNP Paribas Sole
(v) Total commission and concession:
Not Applicable
(vi) U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D
(vii) ERISA:
Not Applicable

6