Bond Sabadell Bank 0% ( ES0513862NZ3 ) in EUR

Issuer Sabadell Bank
Market price 100 %  ⇌ 
Country  Spain
ISIN code  ES0513862NZ3 ( in EUR )
Interest rate 0%
Maturity 12/05/2020 - Bond has expired



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Minimal amount 1 000 EUR
Total amount 500 000 EUR
Detailed description Banco de Sabadell is a Spanish multinational banking group offering a wide range of financial services including retail banking, corporate banking, and investment banking.

A specific debt instrument, identified by the ISIN code ES0513862NZ3 and issued by Banco de Sabadell, a prominent Spanish financial institution, has successfully completed its lifecycle, having matured and been fully repaid. Banco de Sabadell, established in 1881 and headquartered in Alicante, Spain, is recognized as one of the country's largest banking groups, providing a comprehensive range of financial products and services to a diverse clientele including individuals, small and medium-sized enterprises (SMEs), and large corporations, both within Spain and internationally, with operations spanning retail banking, corporate banking, treasury, and capital markets. This particular bond, issued under the regulatory framework of Spain, was denominated in Euros (EUR) and was a zero-coupon instrument, meaning it carried a 0% interest rate, thus negating the provision of periodic coupon payments to investors; the anticipated return for bondholders was derived from the difference between the purchase price and its par value at maturity. The total size of this particular emission amounted to 500,000 units, with a stipulated minimum purchase size for investors of 1,000 units. The bond's definitive maturity date was established as May 12, 2020. Despite the 0% interest rate, the bond was designed for a single principal repayment event, which occurred at maturity. Upon reaching its scheduled maturity on May 12, 2020, the bond was redeemed at 100% of its face value, signifying the complete fulfillment of the issuer's obligation and the full reimbursement of capital to the bondholders, thereby concluding this financial instrument's presence in the market.