Bond Unione Banche Italiane S.p.A. 2% ( XS1971908501 ) in EUR

Issuer Unione Banche Italiane S.p.A.
Market price 100 %  ⇌ 
Country  Italy
ISIN code  XS1971908501 ( in EUR )
Interest rate 2% per year ( payment 2 times a year)
Maturity 29/11/2022 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 100 000 000 EUR
Detailed description Unione di Banche Italiane S.p.A. (UBI Banca) was a major Italian banking group, later merged into Intesa Sanpaolo.

An informative financial overview is provided for the bond identified by ISIN XS1971908501, which was issued in Italy by Unione di Banche Italiane S.p.A., known as UBI Banca, a prominent Italian banking group that, at the time of this issuance, stood as one of the country's largest commercial banks before its subsequent acquisition by Intesa Sanpaolo; this Euro-denominated obligation carried a fixed coupon rate of 2% and represented a total issuance size of EUR 100,000,000, with a minimum purchase increment set at EUR 100,000 and interest payments scheduled semi-annually, having ultimately reached its maturity date on November 29, 2022, and been fully repaid at its 100% par value.