Bond Sber 0% ( RU000A1019U8 ) in RUB

Issuer	Sber
Market price	100 % ⇌
Country	Russia
ISIN code	RU000A1019U8 ( in RUB )
Interest rate	0%
Maturity	21/07/2023 - 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 RUB
Total amount	2 000 000 000 RUB
Detailed description	Sberbank is Russia's largest bank, offering a wide range of financial services including retail banking, corporate banking, and investment banking. The Russian financial landscape recently witnessed the full maturity and redemption of a specific bond issuance from Sberbank (ISIN: RU000A1019U8), Russia's largest banking institution and a key player in the nation's economy, renowned for its extensive retail and corporate banking services. This particular debt instrument, which was denominated in Russian Rubles (RUB) and originated from Russia, reached its scheduled maturity date on July 21, 2023, and has subsequently been fully repaid to investors. The total size of this bond issuance was 2,000,000,000 RUB, with a minimum purchase increment set at 1,000 RUB. A notable characteristic of this bond was its 0% stated interest rate, implying it was structured either as a zero-coupon bond, purchased at a discount to its face value and redeemed at par, or designed for a single principal payment upon maturity, which aligns with its reported payment frequency of 1. At the time of its maturity, the bond's value on the market was observed at 100%, reflecting its successful redemption at par to all bondholders.