Bond Leonteq Securities (Guernsey) 0% ( CH0579776268 ) in USD
Issuer | Leonteq Securities (Guernsey) |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 11/12/2023 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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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 structured finance market recently observed the maturity and full redemption of a specific bond, identified by ISIN CH0579776268, which was issued by Leonteq Securities (Guernsey Branch). This debt instrument reached its maturity date on December 11, 2023, and has since been redeemed at 100% of its face value. Detailed specifications of this bond included its denomination in USD, a substantial total issuance size of $10,000,000, and a minimum purchase threshold of $1,000. A key characteristic was its zero-coupon nature, evidenced by a 0% interest rate. Consequently, while a payment frequency of 2 was noted (typically implying semi-annual interest disbursements), no periodic interest payments were made, with investor returns solely realized upon the bond's redemption at par. The bond's country of issuance was Switzerland, reflecting the issuer's operational scope despite its Guernsey branch designation. Leonteq Securities (Guernsey Branch) functions as an integral part of Leonteq AG, a prominent independent technology and service provider for investment solutions headquartered in Switzerland. Leonteq AG is globally recognized for its expertise in designing, structuring, and distributing a comprehensive array of financial instruments, including structured products and bonds, to both institutional and private clientele. Their sophisticated platform facilitates the entire lifecycle management of bespoke investment solutions, establishing Leonteq as a significant participant in the global structured products market. The Guernsey branch strategically supports its international operations and adherence to diverse regulatory frameworks. The successful maturity and redemption of this zero-coupon bond exemplify the typical lifecycle of debt securities within the financial ecosystem, where investors receive their principal investment back on the predetermined maturity date, completing the investment cycle. |