Bond Santander Bank 0% ( XS2499305634 ) in EUR

Issuer Santander Bank
Market price 100 %  ⇌ 
Country  Spain
ISIN code  XS2499305634 ( in EUR )
Interest rate 0%
Maturity 03/07/2023 - Bond has expired



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Detailed description Banco Santander is a Spanish multinational banking and financial services company with significant operations in Europe, North America, and South America.

Banco Santander, a prominent global financial services company headquartered in Spain and recognized as one of the largest banks in the Eurozone, has successfully concluded the lifecycle of its Euro-denominated zero-coupon bond, identified by ISIN XS2499305634. This specific debt instrument, issued out of Spain and characterized by a 0% interest rate, reached its maturity date on July 3, 2023; as a zero-coupon instrument, it did not feature periodic interest payments but was designed to provide returns through its redemption at face value. Upon maturity, the bond was fully redeemed at 100% of its principal value, ensuring complete repayment to bondholders consistent with its final market valuation.