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ItalianoBond OTP Bank 0% ( HU0000359724 ) in HUF
| Issuer | OTP Bank |
| Market price | 100 % ⇌ |
| Country |  Hungary
|
| ISIN code |
 HU0000359724 ( in HUF )
|
| Interest rate | 0% |
| Maturity | 31/05/2024 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 HUF |
| Total amount | 592 143 000 HUF |
| Detailed description |
OTP Bank Hungary is a major Hungarian commercial bank, part of the larger OTP Group, offering a wide range of financial services including retail banking, corporate banking, investment banking, and asset management. OTP Bank (Hungary), a prominent financial institution based in Central and Eastern Europe, recently confirmed the successful maturity and redemption of its zero-coupon bond, identified by ISIN HU0000359724. This debt obligation, issued in Hungarian Forints (HUF) from Hungary, matured on May 31, 2024, and was fully redeemed at its current market price of 100%, reflecting a principal repayment without any interest (0% rate) to investors for the total issue size of HUF 592,143,000, initially available for purchase in minimum increments of HUF 1,000, thus concluding its lifecycle with a single principal payment upon maturity. |