Bond Santander Bank 0% ( XS1670586806 ) in USD
Issuer | Santander Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 23/11/2021 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 250 000 USD |
Total amount | 10 000 000 USD |
Detailed description |
Banco Santander is a Spanish multinational banking and financial services company with significant operations in Europe, North America, and South America. The debt capital markets recently confirmed the successful maturity and full redemption of a particular bond identified by ISIN XS1670586806. This U.S. dollar-denominated debt instrument, which had a total issuance size of $10,000,000 with a minimum purchase amount set at $250,000, was issued by Banco Santander. As a prominent Spanish multinational financial services company and one of the largest banks globally by market capitalization, Banco Santander operates extensively across Europe, North America, and South America, consistently engaging in various financial activities including the issuance of debt from diverse regions such as Chile. Notably, this bond featured a zero-coupon structure, meaning investors did not receive periodic interest payments, with returns realized at its maturity. The bond reached its scheduled maturity date on November 23, 2021, and was subsequently repaid at par, having traded at 100% prior to its redemption, marking the successful conclusion of its lifecycle in the financial markets. |