Bond Swiss Credit 0% ( XS1800053404 ) in USD

Issuer	Swiss Credit
Market price	100 % ⇌
Country	United Kingdom
ISIN code	XS1800053404 ( in USD )
Interest rate	0%
Maturity	24/05/2023 - Bond has expired
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Minimal amount	1 000 USD
Total amount	21 000 000 USD
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 review of the fixed-income market indicates the recent maturity and full redemption of the bond identified by ISIN XS1800053404, a USD-denominated zero-coupon instrument that was issued from the United Kingdom by Credit Suisse, a globally recognized financial institution historically providing a broad range of banking, wealth management, and investment banking services; this specific bond, with a total issuance size of $21,000,000, a minimum purchase size of $1,000, and an initial payment frequency of two, officially matured on May 24, 2023, having been redeemed at its 100% market price.