Bond Santander Bank 2% ( XS1169791529 ) in EUR

Issuer Santander Bank
Market price 100 %  ⇌ 
Country  Spain
ISIN code  XS1169791529 ( in EUR )
Interest rate 2% per year ( payment 1 time a year)
Maturity 03/02/2020 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 650 000 000 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 examination of a specific fixed-income instrument highlights the successful completion of an obligation bond's lifecycle, identified by ISIN XS1169791529 and issued by Banco Santander, a prominent global financial services company headquartered in Spain and recognized as one of the largest banks in the Eurozone. This particular Euro-denominated bond, which carried an annual interest rate of 2% paid once per year and had an initial total issuance size of 650,000,000 EUR, reached its scheduled maturity on February 3, 2020, at which point it was redeemed at its 100% face value, thus completing its full repayment cycle. Investors interested in this security were able to acquire a minimum of 100,000 units, reflecting typical parameters for such debt instruments within the European market.