Bond Sber 0% ( RU000A1047L8 ) in RUB

Issuer	Sber
Market price	100 % ⇌
Country	Russia
ISIN code	RU000A1047L8 ( in RUB )
Interest rate	0%
Maturity	01/01/2024 - Bond has expired
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Minimal amount	1 000 RUB
Total amount	1 000 000 000 RUB
Detailed description	Sberbank is Russia's largest bank, offering a wide range of financial services including retail banking, corporate banking, and investment banking. An analysis of a recently matured fixed-income instrument reveals the details of a bond issued by Sberbank, identified by the ISIN RU000A1047L8. Sberbank, formally known as Sberbank of Russia, stands as the largest banking institution within Russia and a significant player in the global financial sector, primarily majority-owned by the Russian government and critical to the nation's economic landscape through its comprehensive financial services offered across retail, corporate, and governmental segments. This specific debt obligation, denominated in Russian Rubles (RUB), constituted a total issuance volume of RUB 1,000,000,000, with an accessible minimum purchase threshold set at RUB 1,000. Notably, the bond carried a stated interest rate of 0, indicating a zero-coupon structure or the absence of periodic interest payments, and it was designed to redeem at its nominal value. The instrument successfully reached its maturity date on January 1, 2024, and was fully repaid to investors at its par value, recorded at 100% of its market price at the time of redemption, marking the complete fulfillment of this particular financial commitment by the issuer.