Open Bank SA FRN 5Y +555bp Perp · Sub · from Dec 2020

    Spain flagESEURSubordinated
    XS2267907215 · Bearer · no fixed maturity
    Coupon
    Floating
    5YEAR reference rate + 555 bps
    Yield to maturity
    —
    No traded price yet
    Maturity
    Perpetual
    No fixed maturity date

    Key facts

    Identifiers

    ISINThe 12-character code that identifies this bond worldwide. Use it to find the bond at a broker or in other tools.
    XS2267907215
    Issuer LEILegal Entity Identifier. A global 20-character code for the issuing company, used in regulatory reports.
    5493000LM0MZ4JPMGM90
    Issuer countryThe country where the issuer is registered, from GLEIF, the global register of legal entities. Some international organisations have no country.
    SpainSpain flag
    Supervised inThe country of the authority that supervises trading in this bond under MiFID II. The issuer can be based elsewhere: Italy supervises Israel's bonds.
    SpainSpain flag
    Trading venuesWhere the bond can be traded, shown by Market Identifier Code (MIC). The first one is the main listing. Hover a code to see the venue name.
    FRABFRAV

    Terms

    InterestFixed means the coupon stays the same until maturity. Floating means it follows a reference rate plus a spread.
    Floating rate
    Floating rateThe reference rate the coupon follows, and the extra amount (spread) the issuer pays on top. 100 bps is 1 percentage point.
    5YEAR reference rate + 555 bps
    Next couponThe date of the next interest payment. We cannot estimate it for this bond.
    —
    CurrencyThe currency of the coupons and the repayment.
    EUR
    RedemptionHow the principal is repaid. Bullet means all of it is repaid in one payment at maturity. Callable means the issuer can repay early.
    Perpetual with call feature
    SeniorityWhere the bond ranks if the issuer fails. Senior bonds are paid before subordinated bonds.
    Subordinated

    Size and settlement

    Amount issuedHow much the issuer sold when the bond was first issued.
    EUR 150M
    Minimum amountThe smallest amount of this bond you can buy, in face value and in the bond's currency.
    EUR 200,000
    FormBearer bonds belong to whoever holds them in a custody account. Registered bonds record the owner's name.
    Bearer
    InstrumentThe kind of debt security, from its CFI classification code.
    Bond
    First tradeThe first day the bond could trade on a European venue.
    8 Dec 2020

    Price and risk

    Last priceWe show a price when a European venue or reporting service publishes a trade or a quote for this bond.
    No traded price yet
    Early repaymentCallable: the issuer can repay the bond before maturity, and tends to when rates fall. Puttable: you can ask the issuer to repay it early, on set dates.
    Callable

    Issuer yield curve

    Yield of each traded Open Bank SA bond in EUR, by maturity

    Issuer debt by maturity year

    How much Open Bank SA must repay each year, converted to US dollars. Each block is a bond; the top block of a year groups the bonds too small to show.

    Other bonds with no fixed maturityOther years

    Other bonds by Open Bank SA

    113 bonds from this issuer · 4 with a traded yield

    Open in screener
    ISINNameMaturityTime leftCouponYTMCcy
    XS2779864854Open Bank SA FRN 3M +124bp 25 Sep 202925 Sep 20292.9y——EUR
    XS2322253860Open Bank SA 1.3559% 25 Mar 203125 Mar 20314.4y0.000%—EUR
    XS2478784247Open Bank SA 3.837% 12 May 2032 · Sub12 May 20325.6y3.837%—EUR
    XS2605909444Open Bank SA 6.08% 29 Mar 2033 · Sub29 Mar 20336.4y6.080%—EUR
    XS2725960004Open Bank SA FRN 3M +850bp 31 Oct 203331 Oct 20337.0y——DKK
    XS2942503959Open Bank SA FRN +665bp 25 Dec 203425 Dec 20348.2y——SEK
    XS3078479907Open Bank SA FRN 3M +665bp 25 Jun 203525 Jun 20358.7y——DKK
    XS1739408406Open Bank SA FRN 5Y +555bp Perp · Sub · from Feb 2026Perpetual———EUR
    XS1925004357Open Bank SA FRN 5Y +822bp Perp · SubPerpetual———EUR
    XS2267907215Open Bank SA FRN 5Y +555bp Perp · Sub · from Dec 2020Perpetual———EUR
    XS2359419020Open Bank SA FRN 5Y +437bp Perp · SubPerpetual———EUR
    XS2691050384Open Bank SA FRN 3M +60bp PerpPerpetual———EUR