Bond Swiss Credit 0% ( XS2410257484 ) in USD

Issuer Swiss Credit
Market price 100 %  ⇌ 
Country  United Kingdom
ISIN code  XS2410257484 ( in USD )
Interest rate 0%
Maturity 09/12/2024 - Bond has expired



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Minimal amount 1 000 USD
Total amount 507 000 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 analysis of recent fixed-income market activity confirms the successful maturity and repayment of a specific bond issuance, identified by its ISIN code XS2410257484. This particular obligation, denominated in US Dollars (USD), reached its maturity date on December 9, 2024, and has since been fully redeemed. The bond was issued by Credit Suisse, a venerable Swiss-based global financial services company with a long-standing history in banking and wealth management, operating extensively across various international markets. While Credit Suisse maintains its global headquarters in Switzerland, the country of issuance for this specific security was the United Kingdom, reflecting the issuer's diverse operational footprint and funding strategies. This zero-coupon bond, characterized by its 0% stated interest rate, implies that investors' returns were primarily realized through the difference between the initial purchase price and the full principal repayment at maturity. The bond was repaid at 100% of its face value, signaling a par redemption and a successful conclusion for its holders. The total original issuance size for this instrument amounted to USD 507,000, with a minimum acquisition threshold set at USD 1,000, catering to a specific segment of the investor market. While a payment frequency of "2" was noted in the bond's characteristics, given its zero-coupon structure, this detail typically pertains to other administrative aspects or standard data fields rather than periodic interest disbursements, with the primary return mechanism being the capital appreciation to par at maturity. The successful and timely repayment of this obligation underscores the execution of the issuer's commitment to its debt obligations upon the bond's scheduled expiration.