Bond Santander Bank 0% ( XS2704423073 ) in EUR

Issuer Santander Bank
Market price 100 %  ⇌ 
Country  Spain
ISIN code  XS2704423073 ( in EUR )
Interest rate 0%
Maturity 30/09/2024 - 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 XS2704423073, issued by Banco Santander, a prominent multinational financial services company headquartered in Spain and a cornerstone of the European banking sector, has officially reached its maturity date of September 30, 2024, and has been fully reimbursed to its holders. This specific fixed-income instrument, denominated in Euros and originally issued from Spain, notably featured a 0% interest rate, categorizing it as a zero-coupon bond where investors would have received its face value at maturity. Its market price prior to redemption was observed at 100% of its nominal value, aligning with its successful repayment at par. The bond's payment frequency, recorded as 1, primarily indicates the single principal repayment occurring at its scheduled maturity date.