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17. Subordinated Liabilities
This related to a 10-year bond loan dated 12 July 2006. The nominal interest rate was 5.625% and the issue price was at 99.314%. The bond was subordinated to other liabilities. The bond matured on 12 July 2016.
The movement in subordinated liabilities is as follows:
| Download XLS |
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in thousands of EUR |
2017 |
2016 |
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Balance sheet value as at 1 January |
– |
5,250 |
Withdrawal |
– |
–5,250 |
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Balance sheet value as at 31 December |
– |
– |
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