Bond Sber 0% ( RU000A101LB7 ) in RUB

Issuer Sber
Market price 100 %  ⇌ 
Country  Russia
ISIN code  RU000A101LB7 ( in RUB )
Interest rate 0%
Maturity 07/05/2025 - Bond has expired



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Minimal amount 1 000 RUB
Total amount 3 000 000 000 RUB
Detailed description Sberbank is Russia's largest bank, offering a wide range of financial services including retail banking, corporate banking, and investment banking.

A recently concluded bond issuance, identified by the ISIN RU000A101LB7, underscores a specific financial operation undertaken by Sberbank, a prominent entity within the global financial landscape. Sberbank, formally Sberbank of Russia, stands as Russia's largest banking institution and a significant player within the global financial sector. Majority-owned by the Russian government, Sberbank boasts an extensive retail and corporate client base, offering a comprehensive suite of banking and financial services. Its prominence in the domestic market often positions its debt instruments as key indicators of the broader Russian economy's stability and corporate financing trends. This particular debt instrument, classified as an obligation, originated from Russia and carried a total issuance size of 3,000,000,000 Russian Rubles (RUB). Designed with a minimum purchase threshold of 1,000 RUB, it aimed for broad investor participation. Notably, the bond featured a 0% interest rate, indicating it was likely structured as a zero-coupon bond, where the return to investors would have been realized through a discount at issuance or through price appreciation, rather than periodic coupon payments, with its payment frequency set at '1', further suggesting a single principal repayment at maturity. The bond reached its scheduled maturity date on May 7, 2025, and upon maturity, the bond was successfully repaid at its full nominal value, indicated by a market price of 100%. This successful repayment confirms the completion of the issuer's obligation to its bondholders, providing a clear example of a debt instrument that has run its full course, culminating in the return of principal to investors.