Bond Santander Bank 0% ( XS2665575820 ) in USD

Issuer	Santander Bank
Market price	100 % ⇌
Country	Spain
ISIN code	XS2665575820 ( in USD )
Interest rate	0%
Maturity	07/12/2023 - Bond has expired
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Detailed description	Banco Santander is a Spanish multinational banking and financial services company with significant operations in Europe, North America, and South America. Banco Santander, a prominent multinational financial services company and one of the world's largest banks by market capitalization, headquartered in Spain, recently saw the successful maturity and redemption of its zero-coupon bond, ISIN XS2665575820. This fixed-income instrument, issued from Spain and denominated in USD, reached its maturity date on December 7, 2023. As a zero-coupon obligation, it was structured without periodic interest payments, with its value accruing over time to be paid as a single principal amount at maturity. The bond was successfully repaid at 100% of its face value, ensuring full principal redemption to investors. This event marks the complete fulfillment of the financial obligation associated with this specific debt instrument by Santander.