Bond Piraeus Finance 0% ( XS1267728316 ) in EUR

Issuer	Piraeus Finance
Market price	100 % ⇌
Country	Greece
ISIN code	XS1267728316 ( in EUR )
Interest rate	0%
Maturity	05/05/2016 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 000 EUR
Total amount	3 100 000 000 EUR
Detailed description	Piraeus Bank is a major Greek financial institution offering a wide range of banking and financial services to individuals and businesses, including retail banking, corporate banking, and investment banking, with operations primarily in Greece. An analysis of the debt instrument identified by ISIN XS1267728316 reveals that this particular bond, issued by Piraeus Financial, has reached its scheduled maturity and has been fully reimbursed. Piraeus Financial, a significant financial institution in Greece, operates as one of the country's largest banking groups, offering a broad spectrum of financial products and services across retail, corporate, and investment banking sectors, thereby underpinning a substantial portion of the Hellenic Republic's financial market infrastructure. This specific bond, denominated in Euros (EUR), originated from Greece and was part of a substantial issue with a total size of EUR 3,100,000,000. Structured as a zero-coupon obligation, it carried a stated interest rate of 0% and was designed without periodic interest disbursements, instead returning its principal at maturity; its payment frequency, listed as '1', thus aligns with the single principal reimbursement at the end of its term. With a minimum purchase size set at EUR 100,000, the instrument was primarily aimed at professional investors. Its maturity date was fixed for May 5, 2016, and it was successfully redeemed at its par value of 100% on the market, concluding its lifecycle as a fully settled obligation.