Bond Swiss Credit 0% ( XS1902131298 ) in USD
Issuer | Swiss Credit |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 15/11/2023 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 138 000 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. An in-depth analysis of the bond identified by ISIN XS1902131298 reveals key characteristics of this financial instrument, issued by **Credit Suisse**, a prominent global financial services company with a long-standing presence in investment banking, private banking, and asset management, historically headquartered in Switzerland and with a significant global footprint including its issuance activities in the United Kingdom. This particular bond, denominated in US Dollars (USD), featured a 0% coupon rate, indicating it did not pay periodic interest to its holders throughout its tenure. With a total issuance size of USD 138,000 and a minimum purchase size set at USD 1,000, the instrument was designed for a broad range of investors. Originally issued from the United Kingdom, the bond reached its scheduled maturity date on November 15, 2023. As of its maturity, the bond was reported at a market price of 100% of its face value, and confirmation has been made that this obligation has successfully matured and has been fully repaid to its bondholders. |