Bond Abu Dhabi Commerce Bank 0% ( XS0253013238 ) in USD
Issuer | Abu Dhabi Commerce Bank |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 09/05/2016 - Bond has expired |
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Minimal amount | 100 000 USD |
Total amount | 400 000 000 USD |
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 obligation, identified by ISIN XS0253013238, was issued by Abu Dhabi Commercial Bank (ADCB), a prominent financial institution headquartered in the United Arab Emirates; this USD-denominated bond, part of a $400,000,000 total issuance with a minimum purchase size of $100,000, notably carried a 0% interest rate and an original maturity date of May 9, 2016, with a specified payment frequency of two times per year; as confirmed, this bond has successfully reached its maturity and has been fully repaid, with its market price at maturity reflecting 100% of its principal value. |