Bond Santander Bank 0.401% ( XS1689234570 ) in EUR

Issuer Santander Bank
Market price 100 %  ▲ 
Country  Spain
ISIN code  XS1689234570 ( in EUR )
Interest rate 0.401% per year ( payment 4 times a year)
Maturity 27/03/2023 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 860 000 000 EUR
Detailed description Banco Santander is a Spanish multinational banking and financial services company with significant operations in Europe, North America, and South America.

This financial article details the now-matured bond instrument, identified by ISIN XS1689234570, which was issued by Banco Santander, a prominent Spanish multinational financial services company and one of the world's largest banks by market capitalization; originating from Spain, this debt security was denominated in EUR, featured an annual interest rate of 0.401%, represented a total issuance size of EUR 860,000,000, required a minimum purchase of EUR 100,000, and provided quarterly interest payments (frequency of 4) before reaching its maturity on March 27, 2023, at which point it was fully reimbursed at 100% of its market price, indicating successful redemption.