Bond Santander Britain 0% ( US80283LAL71 ) in USD

Issuer	Santander Britain
Market price	100 % ⇌
Country	United Kingdom
ISIN code	US80283LAL71 ( in USD )
Interest rate	0%
Maturity	14/03/2019 - 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 USD
Total amount	350 000 000 USD
Cusip	80283LAL7
Standard & Poor's ( S&P ) rating	N/A
Moody's rating	N/A
Detailed description	Santander UK is a major retail and commercial bank operating in the United Kingdom, offering a range of financial products and services to personal and business customers. This financial report details the specifications and lifecycle of a particular debt security, identified by the ISIN US80283LAL71 and CUSIP 80283LAL7. The issuer of this bond was Santander UK, a significant retail and commercial banking entity operating within the United Kingdom, functioning as a key subsidiary of the globally recognized Spanish financial services group, Banco Santander. Originating from the United Kingdom, this instrument was denominated in U.S. Dollars (USD) and represented a total issuance volume of $350,000,000, with a minimum investment denomination of $1,000. A distinctive feature of this bond was its 0% stated interest rate, effectively making it a zero-coupon instrument, despite a reported payment frequency of 2. The bond matured on March 14, 2019, at which point its market price was quoted at 100% of its par value, indicating a redemption at par. As of its maturity date, this specific fixed income obligation has been fully redeemed and is no longer outstanding.