Bond Leonteq Securities (Guernsey) 0% ( CH0579776326 ) in USD
Issuer | Leonteq Securities (Guernsey) |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 30/11/2023 - 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. A specific fixed-income instrument, identifiable by its ISIN code CH0579776326 and classified as an obligation, recently reached its maturity and was duly repaid. This particular bond was issued by Leonteq Securities (Guernsey Branch), an integral part of Leonteq AG, a leading Swiss financial technology company specializing in the creation and distribution of structured investment products and solutions for diverse client segments globally. The Guernsey Branch serves as an important hub for their international issuance activities and broader financial operations. This USD-denominated bond was distinctive for its zero-coupon structure, carrying an interest rate of 0%, which means investors derived their returns from the principal repayment at maturity rather than periodic coupon payments. The total issue size for this obligation was set at USD 10,000,000, with a minimum investment amount of USD 1,000 per tranche. While a payment frequency of 2 was indicated, this characteristic, in the context of a zero-coupon bond, typically refers to internal calculation or administrative periods rather than actual interest disbursements. The bond's maturity date was November 30, 2023, and at the time of its repayment, it was trading at 100% of its par value on the market, confirming its principal return to investors. The successful reimbursement of this obligation signifies the complete fulfillment of the issuer's commitment to its bondholders for this specific debt instrument. |