Bond BWM 0% ( XS1055571837 ) in EUR
Issuer | BWM | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
||
ISIN code |
![]() |
||
Interest rate | 0% | ||
Maturity | 11/04/2016 - Bond has expired | ||
|
|||
Minimal amount | 100 000 EUR | ||
Total amount | 430 000 000 EUR | ||
Detailed description |
BMW, a German multinational company, manufactures automobiles, motorcycles, and engines, and provides financial services. An analysis of a specific debt instrument reveals details concerning a zero-coupon bond (ISIN: XS1055571837) issued by BMW, the globally recognized German automotive giant renowned for its strong credit standing and active participation in financial markets, with this particular issuance originating from Germany; the bond, denominated in EUR, had a total issuance size of 430,000,000 and a minimum lot size of 100,000, featured a 0% interest rate and a payment frequency of one (signifying a single payment at maturity), which occurred on April 11, 2016, when the bond reached its maturity and was redeemed at its 100% market price, having since been fully repaid. |