Bond Valtellina Credito 4% ( IT0004735913 ) in EUR

Issuer Valtellina Credito
Market price 100 %  ⇌ 
Country  Italy
ISIN code  IT0004735913 ( in EUR )
Interest rate 4% per year ( payment 1 time a year)
Maturity 29/06/2016 - Bond has expired



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Minimal amount 50 000 EUR
Total amount 10 000 000 EUR
Detailed description Credito Valtellinese is an Italian banking group offering a range of financial services including retail banking, corporate banking, and wealth management, primarily operating in northern Italy.

The financial market recently observed the successful completion of a fixed-income instrument's lifecycle, specifically an Italian bond (ISIN: IT0004735913) issued by Credito Valtellinese, a distinguished Italian cooperative banking institution, which reached its maturity on June 29, 2016, and was subsequently redeemed at par, reflecting its 100% market price at the time of repayment; this EUR-denominated bond, part of a EUR 10,000,000 total issuance, offered investors an attractive annual interest rate of 4% with a minimum purchase requirement set at EUR 50,000, signifying a full and timely repayment to bondholders.