Bond Volkswagen Financial Services NV 0.4% ( XS2491633256 ) in JPY

Issuer Volkswagen Financial Services NV
Market price 100.00 %  ▲ 
Country  Germany
ISIN code  XS2491633256 ( in JPY )
Interest rate 0.4% per year ( payment 1 time a year)
Maturity 20/06/2025 - Bond has expired



Prospectus brochure in PDF format

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Detailed description Volkswagen Financial Services NV is a captive finance company providing financial services, including leasing, financing, and insurance products, primarily to Volkswagen Group customers.

Volkswagen Financial Services NV's XS2491633256 JPY-Denominated Bond Reaches Successful Maturity and Redemption A specific JPY-denominated bond, identified by ISIN XS2491633256, issued by Volkswagen Financial Services NV, successfully reached its maturity date on June 20, 2025, and has subsequently been redeemed. This marks the complete lifecycle of the debt instrument, with all principal and final interest payments processed as scheduled. Volkswagen Financial Services NV, headquartered in Germany, operates as a crucial subsidiary within the Volkswagen Group. It provides a wide range of financial services, including dealer and customer financing, leasing, banking, insurance activities, and mobility services. Its role is central to supporting the sales and operational activities of the broader Volkswagen automotive empire, making it a significant player in the automotive finance sector and a frequent issuer in global debt markets. This particular bond, issued out of Germany, carried an annual interest rate of 0.4% and paid interest once per year. Denominated in Japanese Yen (JPY), the bond was recorded at a market price of 100% at the time of its maturity, indicating redemption at par value for investors. The successful redemption of this bond on its due date confirms the issuer's commitment to its debt obligations and provides a clear signal of the bond's lifecycle completion. For investors, the bond's maturity and redemption signifies the timely return of principal as scheduled, concluding its investment period.
DateClean price
18/09/2024100.00%