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ItalianoBond Santander Bank 8.91% ( MX94BS030053 ) in MXN
| Issuer | Santander Bank |
| Market price | 100 % ⇌ |
| Country |  Mexico
|
| ISIN code |
 MX94BS030053 ( in MXN )
|
| Interest rate | 8.91% per year ( payment 1 time a year) |
| Maturity | 09/03/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 100 MXN |
| Total amount | 1 700 000 000 MXN |
| Detailed description |
Banco Santander is a Spanish multinational banking and financial services company with significant operations in Europe, North America, and South America. An analysis of the recently matured MXN-denominated bond, ISIN MX94BS030053, issued by Banco Santander, a prominent global financial institution headquartered in Spain with a significant presence across Europe and the Americas, details its key characteristics and successful redemption. Originating from Mexico, this specific bond offered an 8.91% interest rate and was part of a substantial 1,700,000,000 MXN total issuance, with a minimum purchase size of 100 MXN. Featuring an annual payment frequency, the instrument, which was observed trading at 100% on the market prior to its expiry, reached its maturity on March 9, 2021, and has since been fully reimbursed to its holders. |