Bond Swiss Credit 0% ( FR001400B4S6 ) in EUR
Issuer | Swiss Credit |
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Interest rate | 0% |
Maturity | 08/11/2032 |
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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. The financial instrument identified by ISIN FR001400B4S6 represents a bond issued by Credit Suisse, a historically significant Swiss-based global financial services company renowned for its extensive operations spanning wealth management, investment banking, and asset management; this particular Euro-denominated debt security, originating from Switzerland and currently priced at 100% of its face value on the market, is characterized by a 0% interest rate, denoting it as a zero-coupon bond with no periodic coupon payments, where the full principal amount is slated for repayment upon its maturity on November 8, 2032, thereby representing the single payment event indicated. |