Bond BBVA Banco 0% ( ES0413211857 ) in EUR

Issuer BBVA Banco
Market price 100 %  ⇌ 
Country  Spain
ISIN code  ES0413211857 ( in EUR )
Interest rate 0%
Maturity 11/09/2020 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 3 000 000 000 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 significant debt instrument issued by BBVA, one of Spain's leading financial institutions, has successfully reached its maturity and been fully redeemed, underscoring the orderly conclusion of its financial obligations. Banco Bilbao Vizcaya Argentaria, commonly known as BBVA, stands as a major multinational financial services company headquartered in Madrid and Bilbao, Spain; as one of the largest banks in Spain and a significant player across Latin America and other global markets, BBVA is a cornerstone of the European banking sector, offering a comprehensive range of banking and financial services to millions of customers worldwide. The bond in question, identified by ISIN ES0413211857, was a sizable issuance denominated in Euros, with a total issuance volume amounting to EUR 3,000,000,000, reflecting a substantial capital raise for the Spanish banking giant; issued from Spain, this particular debt security was characterized by a 0% interest rate, indicating it was likely structured as a zero-coupon bond where investors receive no periodic interest payments but rather purchase the bond at a discount and receive its face value at maturity, or a principal-only repayment at par, with a minimum purchase increment set at EUR 100,000, catering primarily to institutional or high-net-worth investors. Its maturity date was definitively set for September 11, 2020, and as of its due date, the bond was reported to be at 100% of its market price, a common occurrence for instruments approaching or at par redemption, confirming BBVA's timely fulfillment of its obligations related to this specific financial product.