Bond VTBank 0% ( RU000A104W09 ) in RUB

Issuer	VTBank
Market price	100 % ⇌
Country	Russia
ISIN code	RU000A104W09 ( in RUB )
Interest rate	0%
Maturity	01/01/2024 - 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	50 000 000 000 RUB
Detailed description	VTB Bank is a major Russian state-owned bank offering a wide range of financial services including corporate and retail banking, investment banking, and asset management, both domestically and internationally. This financial article outlines the key details of a specific bond, identified by ISIN RU000A104W09, which was issued by VTB Bank, one of Russia's foremost state-owned financial institutions. Headquartered in Russia, VTB Bank plays a significant role in the country's banking sector, offering a wide range of services to corporate and retail clients, and is a major participant in both domestic and international financial markets. The bond itself, denominated in Russian Rubles (RUB), represented a total issuance size of RUB 50,000,000,000, with a minimum purchase threshold set at RUB 1,000. A distinctive feature of this obligation was its 0% interest rate, indicating it was structured as a zero-coupon bond, typically sold at a discount to its face value and redeemed at par. With a maturity date of January 1, 2024, and a payment frequency (referring to the principal repayment) of one, the bond successfully matured and was repaid at 100% of its nominal value, concluding its lifecycle on the specified date.