Bond AAFS Secured 0% ( CH0417569289 ) in EUR

Issuer	AAFS Secured
Market price	100 % ▼
Country	Luxembourg
ISIN code	CH0417569289 ( in EUR )
Interest rate	0%
Maturity	29/12/2038
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Minimal amount	10 000 EUR
Total amount	50 000 000 EUR
Detailed description	AAFS Securitization is a financial process involving the pooling of assets, such as loans or receivables, and the issuance of asset-backed securities (ABS) representing ownership claims on the underlying assets' cash flows. This financial article presents a comprehensive overview of the bond instrument identified by ISIN CH0417569289. The issuer, AAFS Securitisation, operates as a specialized financial vehicle typically established for securitisation activities, which involve pooling various assets and issuing tradable securities collateralized by the cash flows derived from those underlying assets. The bond's country of issuance is Luxembourg. It is currently quoted on the market at 100% of its face value and is denominated in Euros (EUR). A significant characteristic of this instrument is its 0% interest rate, indicating the absence of periodic coupon payments. The total size of this bond issuance stands at EUR 50,000,000, with a minimum purchase amount set at EUR 10,000. This bond is scheduled to mature on December 29, 2038, at which point the single principal repayment will occur.