Bond Erste Bank 0% ( AT0000A1CEV2 ) in EUR

Issuer	Erste Bank
Market price	100 % ⇌
Country	Austria
ISIN code	AT0000A1CEV2 ( in EUR )
Interest rate	0%
Maturity	20/04/2025 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	50 000 000 EUR
Detailed description	Erste Group is a leading financial services provider in Central and Eastern Europe, offering a wide range of banking and financial services to individuals and corporations. A specific debt instrument, identified by its ISIN AT0000A1CEV2, recently concluded its lifecycle, having reached its maturity date on April 20, 2025, and subsequently been repaid. This bond was issued by Erste Group, a leading financial services provider headquartered in Austria and recognized as one of the largest banking groups in Central and Eastern Europe, providing comprehensive banking and financial services to a vast client base across its core markets, encompassing retail, corporate, and investment banking activities. The bond, denominated in Euros (EUR), had an initial total issuance size of EUR 50,000,000 and was issued from Austria; notably, it featured a zero percent (0%) interest rate, categorizing it as a zero-coupon bond, which implies it was likely acquired by investors at a discount to its par value, with the full face value expected at maturity. The minimum investment lot for this particular bond was set at EUR 1,000, and while a payment frequency of one (annual) was indicated, its zero-coupon nature meant no periodic interest distributions were made. Upon its maturity on April 20, 2025, the bond?s value was noted at 100% of its principal, confirming its full repayment at par to the bondholders.