Bond Abu Dhabi Commerce Bank 0% ( XS1958650787 ) in USD

Issuer Abu Dhabi Commerce Bank
Market price refresh price now   100 %  ⇌ 
Country  United Arab Emirates
ISIN code  XS1958650787 ( in USD )
Interest rate 0%
Maturity 04/03/2049



Prospectus brochure of the bond Abu Dhabi Commercial Bank XS1958650787 en USD 0%, maturity 04/03/2049


Minimal amount 1 000 000 USD
Total amount 30 000 000 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 prominent financial institution headquartered in the United Arab Emirates and a key player in the Middle Eastern banking sector, has issued a notable obligation, identified by the ISIN code XS1958650787. This bond, reflecting ADCB's strategic financial activities and its strong presence across retail, corporate, and investment banking services within the UAE and beyond, is denominated in US Dollars (USD). Currently trading at 100% of its face value in the market, this specific issuance carries a distinctive zero-coupon interest rate, signifying that no periodic interest payments will be made to bondholders, but rather a single principal repayment upon its maturity on March 4, 2049. The total size of this particular issue stands at 30,000,000 USD, with a minimum purchase size set at 1,000,000 USD, primarily targeting institutional investors or high-net-worth individuals. Originating from the United Arab Emirates, this long-dated instrument provides a clear insight into ADCB's long-term funding strategies and offers investors exposure to a major Emirati financial entity.