Bond Nationwide Mutual 1% ( XS1177825814 ) in EUR

Issuer Nationwide Mutual
Market price 100 %  ⇌ 
Country  United Kingdom
ISIN code  XS1177825814 ( in EUR )
Interest rate 1% per year ( payment 1 time a year)
Maturity 30/01/2030 - Bond has expired



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Detailed description Nationwide Building Society is a British mutual bank offering a range of financial products and services, including mortgages, savings accounts, current accounts, and insurance, primarily to its members.

The financial markets recently observed the scheduled maturity and full redemption of a bond issued by Nationwide Building Society, a prominent mutual financial institution and the largest building society in the United Kingdom, which provides a comprehensive range of banking, savings, and mortgage products primarily to its members; this specific debt instrument, identified by the ISIN code XS1177825814, originally issued from the United Kingdom, completed its term on January 30, 2030. Denominated in Euros (EUR), the bond carried an annual coupon interest rate of 1.00%, with payments made on an annual frequency throughout its lifespan, and at the point of its maturity, the bond was fully redeemed at 100% of its principal value, indicating a successful and timely repayment to bondholders as per the original terms of issuance and reflecting a standard and expected conclusion for such a fixed-income security.