Bond HSBC Premier 0% ( XS1796219753 ) in EUR

Issuer	HSBC Premier
Market price	100 % ⇌
Country	United Kingdom
ISIN code	XS1796219753 ( in EUR )
Interest rate	0%
Maturity	22/03/2023 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	500 000 EUR
Detailed description	HSBC Holdings plc is a British multinational banking and financial services holding company headquartered in London, serving customers worldwide in wealth and personal banking, commercial banking, and global banking and markets. This financial analysis details the specifics of a debt instrument that has recently reached its maturity, an obligation issued by HSBC, a globally recognized banking and financial services organization headquartered in the United Kingdom. Identified by the International Securities Identification Number (ISIN) XS1796219753, this particular bond was denominated in Euros (EUR) and represented a total issuance volume of 500,000 units, with a minimum investment threshold set at 1,000 units. A distinctive feature of this bond was its zero percent interest rate, indicating it likely operated as a zero-coupon instrument, where the return for investors would be derived from the difference between the purchase price and its redemption value, or simply a bond that had concluded its interest payment cycle. The maturity date for this obligation was March 22, 2023, at which point it was redeemed at 100% of its nominal value. As confirmed, this bond has successfully reached its maturity and the principal has been fully reimbursed to its holders, thereby concluding its term as an active security on the market.