Bond BBVA Banco 0% ( ES0305067E74 ) in EUR

Issuer BBVA Banco
Market price 100 %  ⇌ 
Country  Spain
ISIN code  ES0305067E74 ( in EUR )
Interest rate 0%
Maturity 24/06/2024 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 1 500 000 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.

**BBVA Bond ES0305067E74 Reaches Maturity and Successfully Redeemed** This article details the specifics of a recently matured bond issued by BBVA, one of Spain's largest and most prominent financial institutions. Banco Bilbao Vizcaya Argentaria, commonly known as BBVA, is a global financial services group founded in 1857, boasting a significant presence across South America, North America, and Turkey, in addition to its robust European operations. As a leading universal bank, BBVA offers a comprehensive range of financial products and services, including retail banking, corporate banking, investment banking, and asset management, serving millions of clients worldwide and playing a pivotal role in the international financial markets. The bond in question, identified by its ISIN code ES0305067E74, was denominated in Euros (EUR) and originated from Spain, BBVA's home country. The total size of this particular issuance amounted to EUR 1,500,000, representing a specific offering within the broader corporate debt market. Investors were required to commit to a minimum purchase size of EUR 100,000, which typically positions such instruments for institutional investors or high-net-worth individuals rather than the general retail segment, reflecting the scale and nature of the transaction. A distinctive characteristic of this bond was its stated interest rate of 0%. Combined with a payment frequency noted as "1," this structure strongly suggests that the bond was likely designed as a zero-coupon instrument or a deep discount bond. In such cases, the return to the investor is primarily derived from the difference between the initial purchase price (often at a discount) and its par value (100%) received at maturity, rather than through periodic coupon payments. Such instruments can appeal to investors seeking specific investment profiles or simplified cash flow schedules. The bond reached its scheduled maturity date on June 24, 2024, at which point its market price was recorded at 100% of its nominal value. Following its maturity, BBVA, as the issuer, promptly fulfilled its obligations, and the bond was fully repaid to its holders. This successful redemption underscores the issuer's financial strength and commitment to its debt obligations, contributing to the liquidity and orderly functioning of the fixed-income market.