Bond Abu Dhabi Commerce Bank 0% ( XS1516026140 ) in USD
Issuer | Abu Dhabi Commerce Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 09/11/2017 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 250 000 USD |
Total amount | 100 000 000 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. Abu Dhabi Commercial Bank (ADCB), a leading financial institution based in the United Arab Emirates providing a comprehensive range of banking and financial services, has successfully concluded the term of its bond, identified by ISIN XS1516026140, a USD-denominated instrument originally issued from the UAE with a total size of 100,000,000 USD and a minimum purchase requirement of 250,000 USD, which, bearing a 0% interest rate and an indicated payment frequency of two, reached its maturity on November 9, 2017, and has since been fully reimbursed to investors at its 100% market value. |