Bond Abu Dhabi Commerce Bank 1.656% ( XS1572010004 ) in USD

Issuer Abu Dhabi Commerce Bank
Market price 100 %  ▼ 
Country  United Arab Emirates
ISIN code  XS1572010004 ( in USD )
Interest rate 1.656% per year ( payment 4 times a year)
Maturity 27/02/2022 - Bond has expired



Prospectus brochure of the bond Abu Dhabi Commercial Bank XS1572010004 in USD 1.656%, expired


Minimal amount 200 000 USD
Total amount 120 000 000 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.

The bond identified by ISIN XS1572010004, issued by Abu Dhabi Commercial Bank (ADCB), a prominent financial institution based in the United Arab Emirates, has concluded its lifecycle through full maturity and redemption. This U.S. dollar-denominated obligation, which constituted a total issue size of $120,000,000, featured an annual interest rate of 1.656% with coupon payments distributed quarterly, and was initially available in minimum purchase units of $200,000. Having reached its maturity date on February 27, 2022, the bond was fully repaid at its par value, effectively finalizing its investment term for all holders.