Bond Hypo Vorarlberger Bank AG 0% ( AT0000A1YXS2 ) in EUR
Issuer | Hypo Vorarlberger Bank AG | ||
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Interest rate | 0% | ||
Maturity | 05/12/2025 | ||
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Minimal amount | 100 EUR | ||
Total amount | 50 000 000 EUR | ||
Detailed description |
Hypo Vorarlberg Bank AG is a regional bank in Vorarlberg, Austria, specializing in mortgage lending and offering a range of financial services to private and corporate clients. An Austrian bond issuance, identified by ISIN AT0000A1YXS2, is presently observed on the market, originating from Hypo Vorarlberg Bank AG. Hypo Vorarlberg Bank AG is a reputable regional financial institution located in Austria, deeply embedded in the Vorarlberg economy, providing a wide array of banking services from retail and corporate finance to investment solutions for individuals and businesses, thereby underpinning its significant role in the local and national financial sector. This particular bond, denominated in EUR, carries a substantial total issuance size of 50,000,000 EUR, with a minimum investment lot set at 100 EUR, enhancing its accessibility. Notably, the bond features a 0% interest rate, classifying it as a zero-coupon instrument, meaning it does not disburse periodic interest payments to bondholders. Its current market price is listed at 100% of par, indicating it is trading at its face value. This characteristic, combined with the zero-coupon structure, implies that if acquired at this price and held until its maturity on December 5, 2025, the bond would primarily serve as a capital preservation instrument, offering no nominal yield from its interest rate or capital appreciation from a discount to par, with the listed payment frequency of '1' corresponding to the single principal repayment at maturity. Such a security might appeal to investors or institutions prioritizing liquidity management and capital security over yield generation in their portfolios, particularly within a short-term horizon. |