Bond Commonweal Bank 0% ( XS2054025601 ) in GBP
Issuer | Commonweal Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 23/09/2020 - Bond has expired |
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Minimal amount | 100 000 GBP |
Total amount | 200 000 000 GBP |
Detailed description |
Commonwealth Bank (CBA) is Australia's largest bank by assets, offering a wide range of financial services including retail banking, business banking, wealth management, and institutional banking. A zero-coupon bond (ISIN: XS2054025601) issued by Commonwealth Bank, a prominent multinational banking institution headquartered in Australia, successfully reached its maturity on September 23, 2020, and has since been fully redeemed. This particular debt instrument, denominated in GBP, had a total issue size of GBP 200,000,000 with a minimum purchase increment of GBP 100,000. Characterized by its 0% interest rate, no periodic coupon payments were distributed, with investors expecting the principal repayment at maturity. At the time of its redemption, the bond was valued at 100% of its face value, reflecting its principal repayment at par. |