Bond Swiss Credit 0% ( DE000CS8B578 ) in EUR
Issuer | Swiss Credit |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 10/09/2024 - Bond has expired |
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Minimal amount | 1 000 EUR |
Total amount | 50 000 000 EUR |
Detailed description |
Credit Suisse was a global investment bank and financial services company headquartered in Zurich, Switzerland, that was acquired by UBS in March 2023 following a significant financial crisis. Recent market activity included the full repayment of the DE000CS8B578 bond, a fixed-income instrument issued by the prominent Swiss global financial services firm, Credit Suisse. This particular bond, denominated in EUR, represented a total issuance size of ?50,000,000 and was notable for its zero-percent interest rate, indicative of a zero-coupon structure. Originating from Switzerland, the bond, which had a minimum purchase size of ?1,000, reached its scheduled maturity on September 10, 2024, at which point it was fully reimbursed to investors. |