Bond Leonteq Securities (Guernsey) 0% ( CH0503165281 ) in USD

Issuer	Leonteq Securities (Guernsey)
Market price	100 % ⇌
Country	Guernsey
ISIN code	CH0503165281 ( in USD )
Interest rate	0%
Maturity	30/10/2024 - Bond has expired
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Minimal amount	1 000 USD
Total amount	10 000 000 USD
Detailed description	Leonteq Securities (Guernsey Branch) is a subsidiary of Leonteq AG, offering structured products and other investment solutions to institutional and high-net-worth clients, primarily focused on European markets. The financial instrument identified by ISIN CH0503165281, a U.S. Dollar-denominated bond, has recently concluded its lifecycle, reaching its specified maturity date of October 30, 2024, and subsequently undergoing full redemption. This obligation, issued by Leonteq Securities (Guernsey Branch) from Guernsey, represented a total issuance size of USD 10,000,000, with a minimum purchase increment set at USD 1,000. A distinctive characteristic of this bond was its 0% interest rate, classifying it as a zero-coupon instrument; consequently, while a payment frequency of two was indicated, no periodic coupon payments were ever disbursed, with the investment's return predicated on the discount at which it was initially acquired relative to its par value, which stood at 100% at the time of repayment. Leonteq Securities, an independent Swiss-based technology and service provider specializing in investment solutions, particularly structured products, utilizes entities like its Guernsey Branch as strategic issuance vehicles within its global operations, leveraging established financial jurisdictions to facilitate its broad range of financial services and connect institutional and private investors with tailor-made investment opportunities. The successful repayment of this bond underscores the orderly conclusion of its term and the fulfillment of the issuer's obligations to its bondholders.