Bond BBVA Banco 0% ( ES0214840276 ) in EUR
Issuer | BBVA Banco |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 21/03/2021 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 100 000 EUR |
Total amount | 110 000 000 EUR |
Detailed description |
BBVA is a Spanish multinational financial services corporation offering a wide range of banking, investment, and wealth management products and services globally. A financial instrument recently concluded its lifecycle, specifically a bond issued by Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), a prominent multinational financial services group headquartered in Spain and recognized as one of the world's largest banks, offering a comprehensive suite of banking and financial services across diverse global markets spanning retail, corporate, investment banking, and asset management for millions of clients. This particular bond, identified by the ISIN code ES0214840276, was denominated in Euros (EUR) and was notably characterized as a zero-coupon instrument, meaning it did not provide periodic interest payments to bondholders but was intended for purchase at a discount with the full principal amount repaid at its maturity. Originating from Spain, this issuance had a total size of ?110,000,000 and stipulated a minimum purchase amount of ?100,000, indicating its design primarily for institutional investors or high-net-worth individuals rather than the general retail market. The bond's scheduled maturity date was March 21, 2021, and as confirmed by market data, the instrument successfully reached its maturity on this date and was subsequently repaid, with its market price standing at 100% at the time of redemption, signifying that bondholders received their full principal investment back. The 'frequency of payment' noted as '1' in this context explicitly refers to this single, lump-sum principal repayment event occurring at the bond's maturity, rather than any recurring interest disbursements, consistent with the nature of a zero-coupon bond. |