Bond Swiss Credit 0% ( XS2309493281 ) in EUR

Issuer Swiss Credit
Market price 100 %  ⇌ 
Country  Switzerland
ISIN code  XS2309493281 ( in EUR )
Interest rate 0%
Maturity 09/04/2024 - Bond has expired



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Minimal amount 1 000 EUR
Total amount 12 000 000 EUR
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 zero-coupon bond, identified by ISIN XS2309493281, issued by Credit Suisse, a formerly prominent global financial services company based in Switzerland that was subsequently acquired by UBS Group AG, has successfully reached its maturity on April 9, 2024, and was consequently redeemed at 100% of its face value. This EUR-denominated bond, part of a total issuance size of ?12,000,000 with a minimum purchase size of ?1,000, carried a 0% interest rate and an annual payment frequency, which effectively resulted in a single principal repayment event upon its April 9, 2024 maturity.