Bond RaboBank 0% ( XS2589679765 ) in EUR
Issuer | RaboBank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 14/02/2024 - Bond has expired |
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Minimal amount | / |
Total amount | / |
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 specific debt instrument, identified by ISIN XS2589679765, issued by Rabobank and denominated in EUR, has successfully reached its scheduled maturity on February 14, 2024, and has undergone full repayment. Rabobank, headquartered in Utrecht, Netherlands, is a prominent Dutch multinational banking and financial services cooperative globally recognized for its strong focus on the food and agribusiness sectors and stands as one of the largest banks in the Netherlands with a significant international presence. This particular bond, issued out of the Netherlands, featured a 0% interest rate, indicating its structure as a zero-coupon instrument, where investor returns are typically derived from the difference between a discounted purchase price and the full principal amount received at maturity, rather than through periodic coupon payments. The bond's current market price at 100% accurately reflected its redemption at par, confirming that the issuer has successfully fulfilled its financial obligation, with the bond officially having matured and been fully repaid, thereby completing the investment cycle for its holders. |