Bond Swiss Credit 0% ( SE0007897269 ) in SEK
Issuer | Swiss Credit |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 08/09/2023 - Bond has expired |
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Minimal amount | 10 000 SEK |
Total amount | 50 000 000 SEK |
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. A specific SEK-denominated bond, identified by ISIN SE0007897269, issued by the historically significant Swiss financial institution Credit Suisse ? a global leader in wealth management and investment banking until its acquisition by UBS earlier in 2023 ? reached its maturity date on September 8, 2023, and has been fully redeemed. Originating from Switzerland, this bond represented a total issuance size of 50,000,000 SEK with a minimum tradable lot of 10,000 SEK. Characterized by a 0% interest rate, the bond's repayment at its par value, indicated by a 100% market price upon maturity, signifies the successful fulfillment of this obligation. |