Bond Abu Dhabi Commerce Bank 4.05% ( XS1984647757 ) in CNY

Abu Dhabi Commerce Bank

100 % ⇌

United Arab Emirates

XS1984647757 ( in CNY )

4.05% per year ( payment 1 time a year)

29/04/2022 - Bond has expired

Prospectus brochure of the bond Abu Dhabi Commercial Bank XS1984647757 in CNY 4.05%, expired

1 000 000 CNY

140 000 000 CNY

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 insightful review of a specific bond issuance reveals the successful lifecycle of the XS1984647757 bond, issued by the Abu Dhabi Commercial Bank. Abu Dhabi Commercial Bank (ADCB) stands as one of the largest banks in the United Arab Emirates, offering a comprehensive suite of banking and financial services to a diverse clientele including retail, corporate, and institutional customers. Established in 1985, ADCB is headquartered in Abu Dhabi and plays a significant role in the UAE's financial landscape, known for its robust financial performance and strategic regional presence. This particular bond, categorized as a fixed-income obligation, was denominated in Chinese Yuan (CNY) and bore an annual interest rate of 4.05%. The total size of this issuance was CNY 140,000,000, with a minimum purchase size set at CNY 1,000,000, indicating its suitability for institutional and high-net-worth investors. Issued from the United Arab Emirates, this bond was structured with an annual payment frequency. Crucially, the bond reached its predetermined maturity date on April 29, 2022. At the time of its maturity, the bond was observed trading at 100% of its par value, underscoring its stable market performance leading up to its full repayment. Following its maturity, the bond has been successfully redeemed, ensuring that all principal and accrued interest were repaid to bondholders as per its terms.