Bond UniCred 0% ( XS2797420440 ) in EUR
Issuer | UniCred |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 29/07/2024 - Bond has expired |
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Minimal amount | / |
Total amount | / |
Detailed description |
UniCredit is a major Italian banking group offering a wide range of financial services including commercial banking, investment banking, and wealth management across Europe, Central and Eastern Europe, and the Middle East. A fixed-income security, identified by the ISIN XS2797420440, recently concluded its lifecycle within the financial markets. Issued by UniCredit S.p.A., a prominent pan-European financial services group headquartered in Italy with extensive operations across numerous European markets and a significant footprint in the Italian banking sector, this Euro-denominated bond, originating from Italy, was a zero-coupon instrument, as indicated by its 0% interest rate and an implicit single principal repayment frequency at maturity rather than periodic interest distributions. On its maturity date of July 29, 2024, the bond, which had been valued at its par market price of 100%, was successfully redeemed, confirming the issuer's fulfillment of its financial obligation. |