Bond Commonweal Bank 0% ( XS0596565894 ) in EUR

Issuer	Commonweal Bank
Market price	100 % ⇌
Country	Australia
ISIN code	XS0596565894 ( in EUR )
Interest rate	0%
Maturity	07/03/2017 - Bond has expired
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Minimal amount	100 000 EUR
Total amount	25 000 000 EUR
Detailed description	Commonwealth Bank (CBA) is Australia's largest bank by assets, offering a wide range of financial services including retail banking, business banking, wealth management, and institutional banking. A detailed examination of the now-matured debt instrument identified by ISIN XS0596565894 reveals characteristics of a specific financial product issued by the Commonwealth Bank of Australia. As one of Australia's 'Big Four' banks, Commonwealth Bank (CBA) is a leading financial services provider with a significant domestic and international presence, renowned for its comprehensive range of banking, insurance, and investment services, underpinned by a generally strong credit rating. This particular bond, denominated in EUR and issued from Australia, was a zero-coupon obligation, meaning it paid no periodic interest to investors. With a total issuance size of ?25,000,000 and a minimum purchase size set at ?100,000, it was clearly targeted at wholesale or institutional investors. The bond reached its maturity date on March 7, 2017, at which point it was priced at 100% of its face value. Following its maturity, the bond was fully redeemed, confirming the successful repayment of principal to its holders on the scheduled date.