Bond Emiliano Credito S.p.A. 0% ( IT0005586943 ) in EUR

Issuer Emiliano Credito S.p.A.
Market price 100 %  ⇌ 
Country  Italy
ISIN code  IT0005586943 ( in EUR )
Interest rate 0%
Maturity 18/09/2024 - Bond has expired



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Detailed description Credito Emiliano S.p.A. is a regional Italian banking group primarily operating in Emilia-Romagna, offering a range of financial services to individuals, businesses, and public administrations.

A financial update confirms the successful maturity and redemption of the bond identified by ISIN IT0005586943, issued by Credito Emiliano S.p.A. This obligation, denominated in EUR and originating from Italy, notably carried a zero percent interest rate, indicating its structure as a zero-coupon bond. At the time of its final operational status, the bond traded at a market price of 100% of its face value. The issuer, Credito Emiliano S.p.A., is a significant Italian banking group established in 1910 and headquartered in Reggio Emilia, recognized for its comprehensive offerings in retail, corporate, and wealth management banking services across Italy, underscoring its established presence in the national financial landscape. The stated maturity date for this instrument was September 18, 2024, and it has indeed reached this milestone, resulting in its full redemption and the repayment of principal to bondholders.