Bond Swiss Credit 0% ( US22549Y4614 ) in USD
Issuer | Swiss Credit |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 31/01/2024 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 3 483 000 USD |
Cusip | 22549Y461 |
Standard & Poor's ( S&P ) rating | N/A |
Moody's rating | NR |
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 **Credit Suisse** bond, identified by ISIN US22549Y4614 and CUSIP 22549Y461, details a financial instrument issued out of Switzerland by the erstwhile prominent global financial services firm, Credit Suisse, which was headquartered in Switzerland and subsequently integrated into UBS Group AG following a period of significant market challenges. This particular bond, denominated in USD, represented a total issuance size of $3,483,000, with a minimum purchase size set at $1,000. Key characteristics included a 0% interest rate and a specified payment frequency of 2, indicating its structure as a zero-coupon instrument or a discounted note. The bond successfully reached its maturity date on January 31, 2024, at which point its market price was recorded at 100%, signifying its full redemption at par, and it received a "NR" (Not Rated) designation from Moody's rating agency. |