Bond AMRO ABN 0% ( XS2665456906 ) in EUR
Issuer | AMRO ABN |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 07/12/2023 - Bond has expired |
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Minimal amount | / |
Total amount | / |
Detailed description |
ABN AMRO is a major Dutch multinational bank offering a wide range of financial products and services to individuals and businesses. **ABN AMRO Bond ISIN XS2665456906 Reaches Maturity and Completes Repayment Cycle** The financial market has noted the successful maturity and complete repayment of a specific bond issuance from ABN AMRO, identified by its ISIN code XS2665456906. This debt instrument, which concluded its lifecycle on December 7, 2023, has now been fully reimbursed to its bondholders, marking a standard conclusion to its term in the fixed-income landscape. Issued by ABN AMRO, a prominent financial institution headquartered in the Netherlands, this bond was denominated in Euro (EUR). ABN AMRO Bank N.V. is recognized as one of the largest state-owned banks in the Netherlands, providing a comprehensive suite of banking and financial services across retail, private, and corporate sectors. Its operations are critical to the Dutch economy and extend internationally, reinforcing its standing as a significant player within the European banking framework. The issuance of such bonds is a common strategic tool employed by major banks like ABN AMRO for funding operations and managing capital structure. Key characteristics of this particular bond included a 0% interest rate, indicating its structure as a zero-coupon instrument, where the return to investors typically derives from the difference between the purchase price and the full repayment at maturity. The bond was issued from the Netherlands, consistent with the issuer's primary domicile. At the time of its maturity and redemption, the bond was valued at 100% of its face value on the market, affirming its principal repayment. The reported 'payment frequency' of 1 further signifies the singular principal redemption event upon the bond's maturity. The successful and timely repayment of ISIN XS2665456906 highlights the issuer's adherence to its financial commitments and contributes to the stability of the debt market. |