Bond OP Corporate Banking 0% ( FI4000031513 ) in EUR
Issuer | OP Corporate Banking |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 23/12/2016 - Bond has expired |
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Minimal amount | 1 000 EUR |
Total amount | 2 450 000 EUR |
Detailed description |
OP Corporate Bank is a Finnish bank offering financial services to corporate and institutional clients, including lending, financing, and treasury management solutions. This financial analysis details the FI4000031513 bond, a debt instrument issued by OP Corporate Bank, a prominent financial institution headquartered in Finland. Designated as an obligation, this particular bond was denominated in Euros (EUR) and had a total issuance size amounting to 2,450,000 units, with a minimum purchase size set at 1,000 units for investors. A distinctive characteristic of this instrument was its 0% interest rate, classifying it as a zero-coupon bond, where the investor's return typically originated from the difference between a discounted purchase price and its face value redemption at maturity. The bond reached its definitive maturity date on December 23, 2016, and, as confirmed, it has since been fully redeemed at its market price of 100%, signifying its complete settlement and removal from circulation. |