FrançaisBond Unione Banche Italiane S.p.A. 0.025% ( IT0004599491 ) in EUR
| Issuer | Unione Banche Italiane S.p.A. |
| Market price | 100 % ⇌ |
| Country |  Italy
|
| ISIN code |
 IT0004599491 ( in EUR )
|
| Interest rate | 0.025% per year ( payment 2 times a year) |
| Maturity | 29/04/2022 - 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 EUR |
| Total amount | 250 000 000 EUR |
| Detailed description |
Unione di Banche Italiane S.p.A. (UBI Banca) was a major Italian banking group, later merged into Intesa Sanpaolo. This financial article details a specific fixed-income instrument, ISIN IT0004599491, issued by Unione di Banche Italiane S.p.A., commercially known as UBI Banca, a significant Italian banking group that, prior to its 2020 acquisition by Intesa Sanpaolo, held the position of Italy's third-largest commercial bank by assets, operating from its Bergamo headquarters and offering a comprehensive range of banking, asset management, and insurance services to a diverse clientele from individuals to large corporations; this bond, originating from Italy and denominated in EUR, was characterized by an annual coupon rate of 2.5% with semi-annual interest payments, an initial total issuance size of ?250,000,000, a minimum purchase denomination of ?1,000, and successfully reached its maturity on April 29, 2022, at which point it was fully redeemed at 100% of its face value, concluding its lifecycle. |