Bond Vicenza Popolare Banca S.p.A 5% ( IT0004691355 ) in EUR

Issuer Vicenza Popolare Banca S.p.A
Market price 100 %  ▼ 
Country  Italy
ISIN code  IT0004691355 ( in EUR )
Interest rate 5% per year ( payment 1 time a year)
Maturity 30/03/2021 - Bond has expired



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Minimal amount 1 000 EUR
Total amount 24 986 000 EUR
Detailed description Banca Popolare di Vicenza S.p.A. was an Italian bank that went bankrupt in 2017 following years of unsustainable lending practices and mismanagement, ultimately requiring a government bailout and subsequent resolution.

The financial instrument, ISIN IT0004691355, an obligation issued by Banca Popolare di Vicenza S.p.A, formerly a prominent Italian cooperative bank, which originated in Italy and was denominated in EUR, carried an annual interest rate of 5% with a total issue size of 24,986,000 EUR and a minimum acquisition lot of 1,000 EUR, has now fully matured and been repaid at 100% of its principal on March 30, 2021, marking the successful conclusion of its lifecycle.