Bond RaboBank 0% ( XS2038980020 ) in GBP
Issuer | RaboBank | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 0% | ||
Maturity | 07/08/2020 - Bond has expired | ||
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Minimal amount | 100 000 GBP | ||
Total amount | 250 000 000 GBP | ||
Detailed description |
Rabobank is a Dutch multinational banking and financial services corporation, specializing in food and agriculture, providing services to businesses and individuals globally. An in-depth review of the fixed-income instrument identified by ISIN XS2038980020, issued by Rabobank, underscores its notable attributes within the capital markets landscape. Rabobank, a prominent Dutch cooperative bank headquartered in the Netherlands, commands a significant global presence, particularly within the food and agribusiness sectors, and is widely regarded for its stable financial standing and strong credit profile. This specific bond, denominated in Great British Pounds (GBP), represented a total issue size of £250,000,000, catering to institutional investors with a minimum purchase threshold of £100,000. Uniquely structured as a zero-coupon bond, it carried no periodic interest payments, with its value appreciating to be repaid at par upon maturity, reflecting its single payment frequency. With its definitive maturity date set for August 7, 2020, the bond has since successfully reached its term and was fully redeemed at 100% of its nominal value, ensuring the complete repayment of principal to all bondholders and concluding its lifecycle in the market. |