Bond Sabadell Bank 0% ( ES0513862VS1 ) in EUR

Issuer	Sabadell Bank
Market price	100 % ⇌
Country	Spain
ISIN code	ES0513862VS1 ( in EUR )
Interest rate	0%
Maturity	28/07/2023 - Bond has expired
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Minimal amount	/
Total amount	22 090 000 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 financial instrument identified by ISIN ES0513862VS1, issued by Banco de Sabadell, successfully reached its scheduled maturity on July 28, 2023, and has since been fully redeemed. Banco de Sabadell, a prominent Spanish financial institution headquartered in Alicante, Spain, and one of the country's leading banking groups, served as the issuer for this particular debt offering. Originating from Spain, this obligation was denominated in Euros (EUR) and represented a total issuance size of ?22,090,000. Notably, the bond carried a stated interest rate of 0%, indicating it was structured either as a zero-coupon instrument or designed to provide its return through redemption at par, rather than periodic interest payments. Its price on the market at the time of its final settlement was 100% of its face value, affirming its full reimbursement. The payment frequency, recorded as '1', typically aligns with a single principal repayment at maturity for such instruments. This successful redemption concludes the lifecycle of the ES0513862VS1 bond, ensuring all obligations to bondholders were met as per its original terms.