Bond Sberbank 0% ( RU000A101327 ) in RUB
| Issuer | Sberbank | ||||||||
| Market price | 100 % ⇌ | ||||||||
| Country | Russia
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| ISIN code |
RU000A101327 ( in RUB )
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| Interest rate | 0% | ||||||||
| Maturity | 05/22/2023 - Bond has expired | ||||||||
| Minimal amount | 1 000 RUB | ||||||||
| Total amount | 300 000 000 RUB | ||||||||
| Detailed description |
Sberbank is Russia's largest bank, offering a wide range of financial services including retail banking, corporate banking, and investment banking. An examination of the debt instrument identified by ISIN RU000A101327 reveals it to be a bond issued by Sberbank, Russia's preeminent financial institution and a dominant player in its domestic banking sector. This bond, denominated in Russian Rubles (RUB), was part of an issuance totaling 300,000,000 RUB, structured with a minimum purchase size of 1,000 RUB. Characterized by a 0% interest rate and a reported payment frequency of one, it likely functioned as a zero-coupon bond, with its value realized upon redemption. The bond reached its scheduled maturity on May 22, 2023, and has since been fully repaid. Its reported 100% "current market price" accurately reflects its successful redemption at par, ensuring investors received their principal back as stipulated by the bond's terms. |
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