Bond Adnoc Crude Pipeline 4.6% ( XS1709535097 ) in USD

Issuer	Adnoc Crude Pipeline
Market price	90.57 % ▲
Country	United Arab Emirates
ISIN code	XS1709535097 ( in USD )
Interest rate	4.6% per year ( payment 2 times a year)
Maturity	01/11/2047
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Next Coupon	30/12/2025 ( In 106 days )
Detailed description	The Abu Dhabi Crude Oil Pipeline is a network of pipelines transporting crude oil from onshore and offshore fields in Abu Dhabi to various export terminals and refineries, primarily within the UAE and internationally. An in-depth analysis of the fixed-income market reveals a notable debt security, identified by ISIN code XS1709535097, issued by Abu Dhabi Crude Oil Pipeline, an entity of strategic significance within the United Arab Emirates' energy infrastructure. Abu Dhabi Crude Oil Pipeline (ADCOP) is a critical operator of a vital pipeline that transports crude oil from Abu Dhabi's onshore fields directly to the Fujairah export terminal on the Gulf of Oman, providing a crucial alternative route that bypasses the Strait of Hormuz and significantly bolstering the security and efficiency of the UAE's oil exports, thereby underscoring its pivotal role and strong link to the nation's economic stability. This particular bond, denominated in US Dollars (USD), offers a coupon rate of 4.6% and is set to mature on November 1, 2047, representing a long-term investment horizon with interest payments distributed semi-annually. Currently, the bond is trading at 88.51% of its par value in the secondary market, indicating it is available at a discount.