Bond Swiss Credit 0% ( US22548J2261 ) in USD
Issuer | Swiss Credit |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 10/12/2025 |
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Minimal amount | 1 000 USD |
Total amount | / |
Cusip | 22548J226 |
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. An analysis of the fixed-income landscape highlights a specific zero-coupon bond, identifiable by ISIN US22548J2261 and CUSIP 22548J226, originating from Switzerland; this USD-denominated debt instrument matures on December 10, 2025, is currently quoted at a market price of 10.105%, and notably, while carrying a 0% interest rate, its specifications also list a payment frequency of 2, with a minimum purchase size of 1000 units. The issuer of this bond is Credit Suisse, a prominent Swiss global investment bank and financial services company that recently underwent an emergency acquisition by UBS following significant liquidity and confidence issues, a crucial backdrop for understanding the deep discount reflected in the bond's current valuation. |