Bond Swiss Credit 0% ( SE0020053346 ) in SEK

Issuer	Swiss Credit
Market price	100 % ▲
Country	Switzerland
ISIN code	SE0020053346 ( in SEK )
Interest rate	0%
Maturity	15/06/2026
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	/
Total amount	/
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 debt instrument, identified by ISIN SE0020053346, is a bond issued by Credit Suisse, a globally renowned Swiss-based financial services company that historically offered a comprehensive range of banking and wealth management services to corporate, institutional, and high-net-worth clients worldwide, standing as a pillar of the Swiss financial industry for over 160 years before facing significant challenges culminating in its acquisition by competitor UBS Group AG in March 2023 under governmental facilitation. This particular bond, originating from Switzerland, is denominated in Swedish Krona (SEK) and currently trades at 100% of its par value in the market. Notably, the instrument features an interest rate of 0%, suggesting it may operate as a zero-coupon bond or a similar structure where returns are not generated through periodic coupon payments. Its maturity date is set for June 15, 2026, with a payment frequency of one, indicating that the principal repayment, and any potential implicit return from a discounted issuance, is consolidated into a single disbursement at its specified maturity date.