Bond Santander Bank 0% ( XS0088236343 ) in EUR

Issuer	Santander Bank
Market price	100 % ⇌
Country	Spain
ISIN code	XS0088236343 ( in EUR )
Interest rate	0%
Maturity	15/06/2028
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Minimal amount	50 000 EUR
Total amount	6 000 000 EUR
Detailed description	Banco Santander is a Spanish multinational banking and financial services company with significant operations in Europe, North America, and South America. An in-depth look into a specific financial instrument reveals an obligation issued by Banco Santander, a prominent Spanish multinational financial services company headquartered in Madrid and Santander, recognized as one of the largest banks globally by market capitalization. This bond, identified by ISIN code XS0088236343, is denominated in EUR and originates from Spain. Currently trading at its par value of 100% on the market, a distinctive feature of this particular offering is its 0% interest rate, categorizing it as a zero-coupon bond, meaning no periodic interest payments are distributed to holders. The total size of this issuance amounts to ?6,000,000, with a minimum investment requirement of ?50,000, and it is set to mature on June 15, 2028.