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ItalianoBond SEBCO 0% ( SE0011897586 ) in SEK
| Issuer | SEBCO |
| Market price | 100 % ⇌ |
| Country |  Sweden
|
| ISIN code |
 SE0011897586 ( in SEK )
|
| Interest rate | 0% |
| Maturity | 30/07/2024 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 10 000 SEK |
| Total amount | 10 330 000 SEK |
| Detailed description |
SEB is a French multinational manufacturer and marketer of small electric appliances for the kitchen and home. A zero-coupon bond identified by ISIN SE0011897586, denominated in Swedish Krona (SEK) and issued by SEB, a prominent Northern European financial services group headquartered in Sweden, recently reached its maturity date on July 30, 2024, and has since been fully redeemed. This particular obligation, part of a total issuance amounting to SEK 10,330,000, was characterized by its 0% interest rate, implying that its yield was derived from the difference between its purchase price and its par value upon redemption, which occurred at 100% of its face value. With a minimum purchase size set at SEK 10,000, and a listed payment frequency of one per year, this effectively refers to the single principal repayment event at its maturity. The bond's successful reimbursement marks the completion of this specific financial instrument's lifecycle within the market. |