Bond GOLDMAN SACHS GLOBAL 0% ( XS2359503757 ) in USD
Issuer | GOLDMAN SACHS GLOBAL |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 21/06/2024 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 5 000 000 USD |
Detailed description | **Maturity and Redemption of Goldman Sachs International Bond (ISIN XS2359503757)** A specific fixed-income instrument, identified by the International Securities Identification Number (ISIN) XS2359503757, issued by Goldman Sachs International, has officially reached its scheduled maturity and has subsequently been redeemed. This particular bond originated from the United Kingdom, aligning with the operational and regulatory base of its prominent issuer. Goldman Sachs International, a key entity within The Goldman Sachs Group, Inc., stands as a globally recognized leader in investment banking, securities, and investment management. Operating extensively from its headquarters in the UK, Goldman Sachs International issues various financial instruments as part of its comprehensive financing and liquidity management strategies, catering to a diverse range of institutional and sophisticated investors worldwide. The bond in question was denominated in US Dollars (USD) and represented a total issue size of 5,000,000 USD. It was structured with a minimum purchase amount of 1,000 USD, setting an accessible threshold for participation. A notable characteristic of this instrument was its 0% interest rate, classifying it as a non-interest-bearing security. While a payment frequency of two was indicated in its terms (typically signifying semi-annual coupon payments), this feature had no practical implication for interest distribution due to the absence of a coupon. Its valuation and return profile would therefore have been primarily influenced by its issuance price relative to its par value, or its specific purpose within the issuer's treasury operations. Upon reaching its maturity date on June 21, 2024, the bond?s market value was confirmed at 100% of its nominal value, signifying that the full principal amount was repaid to all bondholders. This successful redemption marks the completion of the bond's lifecycle, extinguishing the issuer's liability and concluding the investment for all holders of ISIN XS2359503757. |