Bond Santander Bank 0% ( XS1046874662 ) in EUR
Issuer | Santander Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 0% |
Maturity | 01/10/2015 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | 100 000 EUR |
Total amount | 80 000 000 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 analysis of the debt instrument identified by ISIN code XS1046874662 reveals a specific bond issued by Banco Santander, S.A., a leading Spanish multinational financial services company renowned as one of the world's largest banks, operating extensively across Europe, North America, and South America, offering a comprehensive suite of banking and financial services. This bond, issued from Spain in Euros (EUR), represented a total issue size of EUR 80,000,000, with a minimum purchase size set at EUR 100,000. Characterized by a 0% interest rate, it functioned as a zero-coupon bond, meaning no periodic coupon payments were disbursed; instead, investors were intended to realize returns through the difference between the purchase price and the par value received at maturity. The bond reached its scheduled maturity on October 1, 2015, and as confirmed, it has been fully redeemed and repaid to investors, with its market price having converged to 100% of its par value at the time of redemption, marking the successful completion of its lifecycle with its single principal repayment event. |