Bond Swiss Credit 3.1% ( XS1289191717 ) in EUR

Issuer	Swiss Credit
Market price	100 % ▲
Country	Switzerland
ISIN code	XS1289191717 ( in EUR )
Interest rate	3.1% per year ( payment 1 time a year)
Maturity	31/08/2030
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Minimal amount	100 000 EUR
Total amount	59 500 000 EUR
Next Coupon	01/09/2025 ( In 31 days )
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 fixed-income instrument, identified by the ISIN XS1289191717, is currently observed on the market, originating from the historically significant Credit Suisse; Credit Suisse, a venerable global wealth manager and investment bank founded in Switzerland in 1856, was for many decades a cornerstone of the international financial system, building a reputation for comprehensive private banking, investment banking, and asset management services; however, the institution faced substantial challenges in recent years, leading to its acquisition by rival UBS in March 2023, orchestrated by Swiss authorities to ensure financial stability, meaning this bond now represents a liability within the integrated UBS Group structure; this particular bond, a standard debt security denominated in Euros (EUR), boasts a total issuance size of ?59,500,000 and offers an annual interest rate of 3.1%, with coupon payments scheduled annually, providing a predictable income stream for holders; its maturity date is set for August 31, 2030, establishing it as a medium-term investment; the bond is currently trading at par, reflecting a market price of 100% of its nominal value, and is available for purchase in minimum lots of ?100,000, indicating its suitability for institutional or high-net-worth investors, consistent with its issuance country, Switzerland.