Bond Erste Bank 0% ( AT0000A1FJ65 ) in EUR

Issuer	Erste Bank
Market price	100 % ⇌
Country	Austria
ISIN code	AT0000A1FJ65 ( in EUR )
Interest rate	0%
Maturity	22/09/2025
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	50 000 EUR
Total amount	750 000 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 detailed examination of a specific debt instrument reveals its nature as a bond issued by Erste Group, identifiable via its ISIN code AT0000A1FJ65. Erste Group, a leading financial institution headquartered in Austria, commands a significant presence across Central and Eastern Europe, providing a broad spectrum of banking and financial services. This particular obligation, denominated in Euros (EUR), is presently quoted at 100% of its nominal value in the market. A key characteristic is its zero percent (0%) interest rate, classifying it as a zero-coupon bond where investor returns are typically realized through capital appreciation from a discount purchase to maturity value; however, its current trading at par suggests that any capital gain from initial issuance is already realized or that it functions as a short-term note. The bond, originating from Austria, represents a total issuance volume of EUR 750,000, structured with a minimum tradable lot size of EUR 50,000. It is scheduled to reach maturity on September 22, 2025, with the principal repayment occurring as a single event at the maturity date, consistent with the indicated payment frequency of '1' in the absence of recurring coupon distributions.