Bond Banco IMI 5% ( XS0736029553 ) in EUR
Issuer | Banco IMI | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 5% per year ( payment 1 time a year) | ||
Maturity | 30/03/2017 - Bond has expired | ||
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Minimal amount | 1 000 EUR | ||
Total amount | 9 376 000 EUR | ||
Detailed description |
Banca IMI was the investment banking arm of Intesa Sanpaolo, specializing in corporate and investment banking, capital markets, and financial advisory services before its full integration into the parent group. This financial analysis focuses on a specific bond, identified by the ISIN XS0736029553, which has successfully matured and been fully redeemed. The bond was issued by Banca IMI, the investment bank arm of the prominent Italian banking group Intesa Sanpaolo, known for its significant role in capital markets, corporate finance, and structured products within Italy and beyond. Originating from Italy, this Euro-denominated instrument offered an annual interest rate of 5% to its holders. The total issue size amounted to ?9,376,000, structured with a minimum purchase threshold of ?1,000, aimed at a broad investor base. Interest payments were distributed annually. The bond reached its scheduled maturity date on March 30, 2017, at which point it was redeemed at 100% of its face value, ensuring that investors received their full principal investment back upon the bond's expiration. |