Bond Abu Dhabi Commerce Bank 4.3% ( MYBUI1200210 ) in MYR

Issuer Abu Dhabi Commerce Bank
Market price 100 %  ⇌ 
Country  United Arab Emirates
ISIN code  MYBUI1200210 ( in MYR )
Interest rate 4.3% per year ( payment 1 time a year)
Maturity 03/05/2017 - Bond has expired



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Minimal amount 1 000 MYR
Total amount 310 000 000 MYR
Detailed description Abu Dhabi Commercial Bank (ADCB) is a major commercial bank in the United Arab Emirates, offering a wide range of financial services including retail banking, corporate banking, investment banking, and wealth management to both individuals and corporations.

An in-depth analysis of the fixed-income instrument identified by ISIN MYBUI1200210 reveals it to be a bond issued by the Abu Dhabi Commercial Bank (ADCB), a cornerstone financial institution within the United Arab Emirates. ADCB stands as one of the UAE's largest and most reputable commercial banks, playing a pivotal role in the nation's economic landscape through its extensive offering of corporate, retail, and investment banking services, alongside asset management and brokerage solutions. The bank's robust financial standing and strategic importance are widely acknowledged across the Gulf Cooperation Council (GCC) region. This particular bond, denominated in Malaysian Ringgit (MYR), represented a total issue size of MYR 310,000,000, indicating a significant capital raising initiative from the UAE-based issuer. It was structured with an annual interest rate of 4.3%, providing investors with a predictable income stream, with interest payments scheduled once per year. The minimum investment threshold for this specific offering was set at MYR 1,000, designed to accommodate a diverse range of investors. The bond reached its full maturity on May 3, 2017. Critically, at the time of its maturity, the bond's market price was reported at 100%, signifying that the principal amount was fully repaid to bondholders. This successful repayment at par underscores Abu Dhabi Commercial Bank's strong creditworthiness and its consistent ability to meet its financial obligations, reaffirming investor trust in its debt instruments and the broader stability of the UAE's financial sector.