Bond SEBCO 0% ( SE0011897271 ) in SEK

Issuer	SEBCO
Market price	100 % ⇌
Country	Sweden
ISIN code	SE0011897271 ( in SEK )
Interest rate	0%
Maturity	16/05/2024 - Bond has expired
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Minimal amount	10 000 SEK
Total amount	2 090 000 SEK
Detailed description	SEB is a French multinational manufacturer and marketer of small electric appliances for the kitchen and home. An analysis of the debt instrument identified by ISIN SE0011897271, issued by Skandinaviska Enskilda Banken (SEB), confirms its recent maturity and redemption. SEB, a prominent Northern European financial services group headquartered in Sweden, primarily serving corporate and institutional clients alongside private individuals, issued this bond in Swedish Krona (SEK). The bond was characterized as a zero-coupon instrument, indicated by its 0% interest rate, implying that investors typically acquired it at a discount to its face value, receiving the full principal amount at maturity. The total size of this particular issuance amounted to 2,090,000 SEK, with a minimum investment threshold set at 10,000 SEK per unit. Originally issued in Sweden, this debt security reached its scheduled maturity date on May 16, 2024. As reported, the bond?s market price was at 100% upon maturity, consistent with its full redemption at par, signifying that the principal repayment has been successfully completed to the bondholders.