Bond Santander Bank 0% ( ES0313900419 ) in USD

Issuer Santander Bank
Market price 100 %  ⇌ 
Country  Spain
ISIN code  ES0313900419 ( in USD )
Interest rate 0%
Maturity 22/12/2020 - Bond has expired



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Minimal amount 150 000 USD
Total amount 180 000 000 USD
Detailed description Banco Santander is a Spanish multinational banking and financial services company with significant operations in Europe, North America, and South America.

A bond issuance from Banco Santander S.A., the globally recognized Spanish multinational financial services company, identified by ISIN ES0313900419, successfully matured and was fully repaid on December 22, 2020. This particular fixed-income instrument, denominated in USD and originating from Spain, represented a total issuance volume of $180,000,000, with a minimum investment threshold of $150,000. Characterized by a 0% interest rate, this effectively positioned the bond as a zero-coupon instrument, meaning investors did not receive periodic coupon payments but were due the full face value at maturity, which was confirmed by its final market price of 100% upon repayment. While a payment frequency of 2 was specified in its original terms, this did not translate to coupon disbursements given the absence of interest, with the principal being the sole return upon its successful redemption.