Bond GOLDMAN SACHS GLOBAL 0% ( XS1860778221 ) in USD
Issuer | GOLDMAN SACHS GLOBAL |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 11/09/2023 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 5 000 000 USD |
Detailed description | This financial analysis details a recently matured debt instrument, specifically a bond identified by its ISIN code XS1860778221, issued by Goldman Sachs International. Goldman Sachs International, a pivotal subsidiary of the globally renowned investment banking and financial services firm The Goldman Sachs Group, Inc., serves as a cornerstone in the firm's international operations, providing a comprehensive array of services including investment banking, securities, investment management, and consumer banking from its significant operational base in the United Kingdom. This particular bond, denominated in United States Dollars (USD), was issued from the United Kingdom and carried a distinctive feature of a 0% interest rate, implying it functioned as a zero-coupon instrument or was structured to return principal at par upon maturity. The total issuance size for this obligation stood at 5,000,000 USD, with a minimum purchase size set at 1,000 USD. Despite the 0% interest rate, a payment frequency of 2 was reported, likely pertaining to the handling of principal repayment or specific structural aspects rather than recurring coupon distributions. The bond was observed to be trading at 100% of its par value on the market prior to its expiry. With its stipulated maturity date of September 11, 2023, this bond has officially reached the end of its term and has been fully repaid to its holders, confirming the successful conclusion of its lifecycle as a debt security. |