Bond GOLDMAN SACHS GLOBAL 0% ( XS1948711475 ) in USD
Issuer | GOLDMAN SACHS GLOBAL |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 12/03/2024 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 20 000 000 USD |
Detailed description | A financial instrument, specifically an obligation (bond), identified by the ISIN XS1948711475, has reached its scheduled maturity and undergone full reimbursement. This particular bond was issued by Goldman Sachs International, the London-based subsidiary of The Goldman Sachs Group, a leading global financial institution renowned for its comprehensive investment banking, securities, and asset management services. Originating from the United Kingdom, the bond was denominated in United States Dollars (USD) and constituted a total issue size of $20,000,000, with a minimum subscription amount of $1,000. A distinctive feature of this bond was its stated 0% interest rate, classifying it as a zero-coupon instrument, which means it did not provide periodic interest payments to bondholders. Despite a specified payment frequency of two (semi-annual), this parameter was non-applicable for interest distribution given the bond's zero-coupon structure. Upon its maturity on March 12, 2024, the bond was redeemed at its par value, reflecting a 100% current market price, thereby completing its lifecycle with a full repayment to its investors. |