Bond Santander Consumer Credit SA 0% ( XS2653508361 ) in EUR

Issuer	Santander Consumer Credit SA
Market price	100 % ⇌
Country	Spain
ISIN code	XS2653508361 ( in EUR )
Interest rate	0%
Maturity	15/07/2024 - Bond has expired
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Detailed description	Santander Consumer Finance SA is a leading European consumer finance company offering a range of financial products including personal loans, auto financing, and credit cards, primarily in France, Germany, Poland, and the UK. A bond, identified by the ISIN code XS2653508361, issued by Santander Consumer Finance SA, a specialized subsidiary within the broader Santander Group focused on consumer credit and financing solutions across various European markets, including its home base in Spain, has recently concluded its lifecycle; this Euro-denominated instrument, originating from Spain, carried a 0% interest rate and was designed as a zero-coupon bond, meaning no periodic coupon payments were disbursed, with its value entirely accruing towards its single repayment event on maturity; having reached its scheduled maturity date of July 15, 2024, the bond, which had been trading at 100% of its principal value in the market leading up to its conclusion, was fully redeemed and retired from circulation, signifying the successful completion of its financial obligation.