Bond RaboBank 0% ( XS2577750115 ) in USD

Issuer RaboBank
Market price 100 %  ⇌ 
Country  Netherlands
ISIN code  XS2577750115 ( in USD )
Interest rate 0%
Maturity 17/07/2023 - Bond has expired



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Detailed description Rabobank is a Dutch multinational banking and financial services corporation, specializing in food and agriculture, providing services to businesses and individuals globally.

A recently matured fixed-income instrument issued by Rabobank, identified by ISIN XS2577750115, has completed its lifecycle, reflecting its full repayment to investors. Rabobank, a prominent Dutch multinational banking and financial services company, stands as a global leader in the food and agribusiness sector; operating as a cooperative bank, it is deeply rooted in the Netherlands but boasts an extensive international network, providing a wide array of banking, asset management, and advisory services, with its unique cooperative structure underscoring a commitment to sustainability and supporting the transition to a more sustainable food system. This specific debt obligation, issued from the Netherlands and denominated in US Dollars (USD), reached its maturity date on July 17, 2023, at which point its principal value stood at 100% of its face value, indicating a par redemption. A distinctive feature of this particular instrument was its stated interest rate of 0%, a characteristic that strongly suggests the bond was structured as a zero-coupon bond, an instrument that does not pay periodic interest but is instead issued at a discount to its face value, with the investor's return realized from the difference between the discounted purchase price and the full principal amount received at maturity. Although the bond's data sheet indicated a "Payment Frequency" of 2, typically associated with semi-annual coupon distributions, this metric would not pertain to interest payments in a 0% interest instrument, likely relating to other structural or reporting aspects. The successful maturity and subsequent repayment of this bond on July 17, 2023, signifies the timely fulfillment of Rabobank's financial obligation to its bondholders, confirming the instrument's complete lifecycle with the principal having been fully reimbursed to investors; this redemption at 100% of its nominal value, consistent with a zero-coupon structure, demonstrates the issuer's capacity to meet its debt commitments, reinforcing confidence in Rabobank's financial stability and its robust treasury management practices within the global fixed-income market.