Bond BBVA Banco 0% ( XS2339659281 ) in USD
Issuer | BBVA Banco | ||
Market price | ![]() |
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ISIN code |
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Interest rate | 0% | ||
Maturity | 25/01/2052 | ||
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Minimal amount | 1 000 000 USD | ||
Total amount | 100 000 000 USD | ||
Detailed description |
BBVA is a Spanish multinational financial services corporation offering a wide range of banking, investment, and wealth management products and services globally. This financial analysis details the key specifications of a bond issuance, identified by the ISIN code XS2339659281. The issuer of this debt instrument is BBVA, a prominent Spanish multinational financial services group established in 1857, which has grown to become one of the world's leading banking institutions with a significant global presence across retail banking, corporate and investment banking, and asset management. The bond originates from Spain and is denominated in United States Dollars (USD), with a substantial total issue size amounting to USD 100,000,000. Prospective investors are advised of the significant minimum purchase size, set at USD 1,000,000, indicating that this offering is primarily targeted towards institutional investors or those with substantial capital. A distinctive characteristic of this bond is its 0% annual interest rate, implying that no periodic coupon payments are disbursed to bondholders throughout its term. Despite this feature, the bond is currently quoted on the market at 100% of its face value. Its long-term investment horizon is evidenced by a distant maturity date of January 25, 2052. While a payment frequency of two (typically indicating semi-annual) is noted, this pertains to the standard reporting framework rather than actual coupon distributions given the bond's zero-percent interest rate. |