Bond Credit Suisse (Bahamas) Limited 0% ( CH0341128723 ) in USD
| Issuer | Credit Suisse (Bahamas) Limited | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country | Switzerland
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| ISIN code |
CH0341128723 ( in USD )
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| Interest rate | 0% | ||||||||
| Maturity | 10/11/2023 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 000 USD | ||||||||
| Total amount | 20 000 000 USD | ||||||||
| Detailed description |
Credit Suisse (Bahamas) Limited was a subsidiary of Credit Suisse AG, providing wealth management and related financial services to high-net-worth individuals and institutional clients in the Bahamas. A financial instrument identified as a bond, bearing ISIN CH0341128723, has successfully reached its maturity on November 10, 2023, and undergone full redemption. This USD-denominated bond was issued by Credit Suisse (Bahamas) Limited, a Bahamas-based subsidiary of the erstwhile Credit Suisse Group, which historically provided private banking and wealth management services to international clients. The bond, originating from Switzerland, was characterized by a 0% interest rate, indicating its structure as a zero-coupon instrument, where returns are typically realized through a discount at issuance and repayment at par. With a total issue size of USD 20,000,000 and a minimum purchase size set at USD 1,000, the bond's market price at maturity was 100%, confirming its redemption at par. The reported payment frequency was 2. |
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