Bond Volva 0% ( XS1802341955 ) in SEK

Issuer Volva
Market price 100 %  ⇌ 
Country  Sweden
ISIN code  XS1802341955 ( in SEK )
Interest rate 0%
Maturity 06/04/2021 - Bond has expired



Prospectus brochure of the bond Volvo XS1802341955 in SEK 0%, expired


Minimal amount 2 000 000 SEK
Total amount 500 000 000 SEK
Detailed description Volvo Cars is a Swedish multinational automotive manufacturer known for its focus on safety, luxury, and sustainability.

A recently concluded financial obligation by the globally recognized Swedish industrial giant, Volvo, has seen its bond, identified by the ISIN code XS1802341955, successfully reach maturity and redemption. AB Volvo, headquartered in Gothenburg, Sweden, stands as a prominent multinational manufacturing corporation, widely recognized as one of the world's leading producers of trucks, buses, construction equipment, and marine and industrial engines. Its extensive global operational footprint and diversified product portfolio solidify its position as a key player in the heavy-duty vehicle and machinery sectors, frequently engaging with international capital markets to support its vast industrial operations and strategic growth initiatives. This particular debt instrument, denominated in Swedish Kronor (SEK), represented a significant issuance with an aggregate principal amount totaling SEK 500,000,000. A distinctive feature of this bond was its zero-coupon structure, carrying a stated interest rate of 0%, which implies that investors received their return through the bond's redemption at par rather than through periodic interest payments; typically, such instruments are issued at a discount to their par value. The minimum investment lot for this offering was set at SEK 2,000,000, indicating its appeal to institutional investors or sophisticated high-net-worth individuals. Originally slated to mature on April 6, 2021, the bond has now definitively completed its lifecycle, having been fully reimbursed to its holders at 100% of its face value. The specified frequency of payment, noted as '1', accurately reflects the single, comprehensive principal repayment made upon the bond's maturity, consistent with its zero-coupon nature. The successful and timely repayment of this obligation further underscores Volvo's strong financial health and its unwavering commitment to fulfilling its debt obligations, reinforcing investor confidence in its creditworthiness within the global financial landscape.