Bond America Bank 0% ( XS0286867493 ) in EUR

Issuer America Bank
Market price 100 %  ▼ 
Country  United States
ISIN code  XS0286867493 ( in EUR )
Interest rate 0%
Maturity 28/02/2022 - Bond has expired



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Detailed description Bank of America is a multinational investment bank and financial services corporation headquartered in Charlotte, North Carolina, offering a wide range of financial products and services to individual and corporate clients globally.

A Euro-denominated bond (ISIN: XS0286867493), issued by the United States-based Bank of America, has successfully matured and been repaid to investors. This debt instrument, which reached its maturity date on February 28, 2022, was notably a zero-coupon bond, meaning it carried a 0% interest rate and did not provide periodic coupon payments, instead being structured for a single repayment at 100% of its face value upon its maturity. Bank of America, a multinational investment bank and financial services company headquartered in Charlotte, North Carolina, and recognized as one of the largest banking institutions globally, fulfilled its obligations for this bond, which was denominated in EUR and originated from the United States. The successful redemption confirms the orderly conclusion of this particular debt obligation.