Bond AMRO ABN 0% ( XS2633714378 ) in GBP

Issuer	AMRO ABN
Market price	100 % ⇌
Country	Netherlands
ISIN code	XS2633714378 ( in GBP )
Interest rate	0%
Maturity	05/09/2023 - Bond has expired
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Detailed description	ABN AMRO is a major Dutch multinational bank offering a wide range of financial products and services to individuals and businesses. A significant event in the fixed-income market recently concluded with the successful maturity and redemption on September 5, 2023, of the bond identified by ISIN XS2633714378, issued by the prominent Dutch banking group ABN AMRO, a leading full-service bank headquartered in the Netherlands primarily serving retail, private, and corporate banking clients; this particular debt instrument, which was denominated in Great British Pounds (GBP) and originated from the Netherlands, distinguished itself as a zero-coupon bond, characterized by its 0% stated interest rate, implying that investors did not receive periodic coupon payments but instead anticipated a single payment at maturity, which was precisely the case as it was fully repaid at its face value, reflected by its 100% market price at redemption, thereby concluding its lifecycle in accordance with its terms for bondholders.