Bond Hypothekarbank Pfandbriefe 0.875% ( CH0244006414 ) in CHF
Issuer | Hypothekarbank Pfandbriefe |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0.875% per year ( payment 1 time a year) |
Maturity | 05/10/2021 - Bond has expired |
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Minimal amount | 5 000 CHF |
Total amount | 600 000 000 CHF |
Detailed description |
Pfandbriefbank Schweizerischer Hypothekarinstitute (PBS Hypothekenbank) is a Swiss mortgage bank specializing in issuing Pfandbriefe, a type of covered bond secured by a pool of mortgages. An analysis of a specific debt instrument reveals details of a bond, identified by ISIN CH0244006414, which was issued by Pfandbriefbank schweizerischer Hypothekarinstitute, a specialized financial institution in Switzerland known for its role as a central issuer of Pfandbriefe (Swiss mortgage bonds) for cantonal banks and other mortgage lenders, with this particular issuance originating from Switzerland; this CHF-denominated bond carried a fixed annual interest rate of 0.875% and had a total issuance volume of CHF 600,000,000, with a minimum lot purchase size set at CHF 5,000, and while its market price was observed at 100%, the instrument reached its scheduled maturity on October 5, 2021, and has since been fully redeemed. |