Bond Santander Bank 0% ( XS2510000776 ) in EUR

Issuer	Santander Bank
Market price	100 % ⇌
Country	Spain
ISIN code	XS2510000776 ( in EUR )
Interest rate	0%
Maturity	16/01/2023 - 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. A financial market update confirms the successful maturity and redemption of the bond identified by ISIN code XS2510000776. This debt instrument, classified as a bond, was issued by Banco Santander, a prominent multinational financial services company headquartered in Spain. Banco Santander, a leading banking group in the Eurozone and one of the largest banks in the world by market capitalization, provides a comprehensive range of financial products and services to over 150 million customers across Europe, North America, South America, and Asia. The bond, denominated in Euro (EUR) and originating from Spain, carried a stated interest rate of 0%, indicating it was either a zero-coupon instrument or its effective yield at issuance was zero, consistent with its final market price of 100% at redemption. Its maturity date was set for January 16, 2023, and it has indeed reached this date, with the principal having been fully repaid to bondholders as per its terms and conditions, concluding its lifecycle in the fixed-income market.