FrançaisBond UBI Credito 6% ( IT0004842370 ) in EUR
| Issuer | UBI Credito |
| Market price | 100 % ⇌ |
| Country |  Italy
|
| ISIN code |
 IT0004842370 ( in EUR )
|
| Interest rate | 6% per year ( payment 1 time a year) |
| Maturity | 08/10/2019 - 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 | 970 457 000 EUR |
| Detailed description |
UBI Banca is an Italian banking group offering a range of financial services including retail banking, corporate banking, and wealth management. This financial article provides a comprehensive overview of the bond identified by ISIN IT0004842370, highlighting its recent maturity and subsequent full repayment to investors. This fixed-income instrument, denominated in Euros (EUR), was issued by UBI Banca, a significant banking group based in Italy. UBI Banca, or Unione di Banche Italiane, historically played a crucial role within the Italian financial sector, offering a comprehensive suite of banking, financial, and insurance services to a diverse client base ranging from retail customers to large corporations across Italy. The bond itself carried a substantial annual interest rate of 6%, designed to provide attractive returns to its holders. The total initial size of this particular bond issuance was considerable, reaching ?970,457,000, with a structured minimum purchase size of ?1,000, which made it accessible to a variety of investors. Issued under Italian jurisdiction, the bond had a defined maturity date of October 8, 2019. On this date, the obligation successfully reached its full term and, consistent with its terms, was fully redeemed at its par value of 100%, signifying a complete and orderly repayment to all bondholders, thus concluding its life cycle. |