Bond Helvetic Card Issuance 2023-1 Bonds 5.5% ( CH1264887402 ) in CHF

Issuer	Helvetic Card Issuance 2023-1 Bonds
Market price	100 % ▲
Country	Switzerland
ISIN code	CH1264887402 ( in CHF )
Interest rate	5.5% per year ( payment 1 time a year)
Maturity	15/06/2028
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Next Coupon	15/06/2026 ( In 319 days )
Detailed description	The Swiss Credit Card Issuance 2023-1 Bonds are asset-backed securities (ABS) collateralized by a pool of Swiss credit card receivables. An analysis of the bond identified by ISIN CH1264887402 reveals it is an obligation issued by Swiss Credit Card Issuance 2023-1 Bonds, an entity typically structured as a Special Purpose Vehicle (SPV) based in Switzerland, established specifically for the securitization of credit card receivables, which allows for the issuance of debt instruments backed by the cash flows generated from a pool of underlying consumer credit card debt. This particular bond, denominated in Swiss Francs (CHF) and issued from Switzerland, currently trades at 100% of its par value, offering investors a fixed annual interest rate of 5.5% with interest payments made once per year, and is scheduled to reach its maturity date on June 15, 2028.