Bond BBVA Banco 0% ( ES0305067B44 ) in EUR

Issuer BBVA Banco
Market price 100 %  ⇌ 
Country  Spain
ISIN code  ES0305067B44 ( in EUR )
Interest rate 0%
Maturity 08/02/2021 - Bond has expired



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Minimal amount 500 000 EUR
Total amount 500 000 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 recent development in the debt market concerns the BBVA-issued bond, identified by the ISIN code ES0305067B44, which successfully reached its maturity on February 8, 2021, and has subsequently been fully reimbursed to its holders. This specific financial instrument, classified as an obligation and issued from Spain, featured a zero-interest rate (0%) over its lifespan, indicating it was a zero-coupon bond, where investors did not receive periodic interest payments but were instead repaid its nominal value upon maturity. The total size of this issuance was EUR 500,000, with a notable minimum purchase size also set at EUR 500,000, suggesting a targeted placement, likely to a single institutional investor or a very limited pool of sophisticated buyers. The issuer, BBVA (Banco Bilbao Vizcaya Argentaria, S.A.), is a prominent global financial services group founded in 1857, headquartered in Madrid and Bilbao, Spain. As one of the largest financial institutions worldwide, BBVA offers a comprehensive range of services, including retail banking, corporate banking, investment banking, and asset management, serving millions of clients across numerous countries, with significant operations in Spain, Mexico, South America, and the United States, utilizing debt issuances like this to manage its funding and liquidity. While a payment frequency of '1' was indicated, for a zero-coupon bond, this primarily refers to the single principal repayment at maturity. The bond's repayment at its nominal value, equivalent to 100% of its face amount, confirms its successful completion and the return of principal to the bondholders.