Bond Santander Bank 0% ( XS2499305634 ) in EUR
Issuer | Santander Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 03/07/2023 - Bond has expired |
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Minimal amount | / |
Total amount | / |
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. |