Bond Santander Bank 0% ( XS2550556828 ) in USD

Issuer	Santander Bank
Market price	100 % ⇌
Country	Spain
ISIN code	XS2550556828 ( in USD )
Interest rate	0%
Maturity	24/10/2023 - 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. The bond, identified by ISIN code XS2550556828 and issued by Banco Santander, a prominent Spanish multinational financial services company, recently reached its maturity and was fully reimbursed. Banco Santander, a globally recognized banking institution, stands as one of the largest banks by market capitalization worldwide, offering a comprehensive suite of financial products and services across retail, corporate, and investment banking sectors in Europe, the Americas, and Asia, reflecting its significant presence and stability in the global financial landscape. This particular USD-denominated obligation, originating from Spain, featured a 0% interest rate and was scheduled to mature on October 24, 2023. As it approached its redemption date, the bond was quoted at 100% of its face value, a testament to its successful completion. On its stated maturity date of October 24, 2023, the bond was effectively retired from the market, with all principal repaid to bondholders, confirming the successful fulfillment of its obligations.