Bond Abu Dhabi Commerce Bank 0% ( XS1516026140 ) in USD

Issuer Abu Dhabi Commerce Bank
Market price 100 %  ⇌ 
Country  United Arab Emirates
ISIN code  XS1516026140 ( in USD )
Interest rate 0%
Maturity 09/11/2017 - Bond has expired



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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.