Bond Abu Dhabi Commerce Bank 0% ( XS1984266954 ) in USD

Abu Dhabi Commerce Bank

100 % ⇌

United Arab Emirates

XS1984266954 ( in USD )

24/04/2049

Prospectus brochure of the bond Abu Dhabi Commercial Bank XS1984266954 en USD 0%, maturity 24/04/2049

1 000 000 USD

50 000 000 USD

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.

An intriguing fixed-income offering has been identified in the financial markets: a bond issued by Abu Dhabi Commercial Bank, a prominent financial institution based in the United Arab Emirates. Bearing the ISIN code XS1984266954, this debt instrument is denominated in US Dollars (USD). Abu Dhabi Commercial Bank (ADCB) stands as one of the largest and most influential banks in the UAE, headquartered in Abu Dhabi. Established in 1985, ADCB plays a pivotal role in the region's financial ecosystem, offering a comprehensive suite of banking and financial services to corporate, retail, and institutional clients. Its substantial market presence and partial ownership by the Government of Abu Dhabi, via the Abu Dhabi Investment Council, underscore its systemic importance and creditworthiness within the Emirati economy. The bond itself carries a notable 0% coupon rate, meaning it does not disburse periodic interest payments. Despite this, the instrument is currently trading at par, reflecting 100% of its face value on the market. This long-term security is set to mature on April 24, 2049, providing a significant duration. The total issuance size for this bond is USD 50,000,000. With a substantial minimum purchase requirement of USD 1,000,000, this offering is clearly targeted towards institutional investors or high-net-worth individuals, indicating its wholesale nature. While a 'frequency of payment' of '1' is indicated, in the context of a 0% coupon bond, this typically refers to the single principal repayment at maturity rather than recurring interest disbursements. This unique offering from a leading UAE bank presents a distinct profile for investors considering exposure to long-dated, US dollar-denominated debt from the Middle East, particularly those whose investment strategy may align with instruments that do not offer conventional coupon income but might be held for specific capital appreciation strategies or portfolio diversification within a unique rate environment.