Bond BanqInter 0% ( ES0313679T89 ) in EUR
Issuer | BanqInter |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 17/07/2024 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 50 000 EUR |
Total amount | 1 800 000 EUR |
Detailed description |
Bankinter is a Spanish bank offering a range of financial services including personal banking, corporate banking, and investment services, known for its digital-first approach and focus on innovation. A recently matured financial instrument, the Bankinter bond identified by ISIN ES0313679T89, has successfully concluded its lifecycle with full principal repayment. This specific debt security was issued by Bankinter S.A., a prominent Spanish financial institution headquartered in Madrid. Established in 1965 as an industrial bank, Bankinter has evolved into a diversified commercial bank, offering a wide array of banking and financial services to retail, corporate, and institutional clients across Spain and, increasingly, internationally; the institution is recognized for its robust capital position and innovative approach within the European banking landscape. This particular bond, denominated in Euros (EUR), represented a total issuance size of ?1,800,000, with a minimum purchase size set at ?50,000, making it suitable for institutional or high-net-worth investors. A notable characteristic of this bond was its stated interest rate of 0%, indicating a structure potentially designed for principal preservation rather than periodic income generation; consequently, the listed payment frequency of '1' likely referred to the single, principal repayment event upon its maturity, rather than regular coupon distributions. The bond reached its scheduled maturity date on July 17, 2024, and following its maturity, Bankinter proceeded with the full redemption of the bond at 100% of its face value, confirming the successful conclusion of this debt obligation and the return of all principal amounts to the bondholders, thereby bringing this specific financial instrument to a complete and orderly close. |