Bond Swiss Credit 0% ( DE000CS8B578 ) in EUR
| Issuer | Swiss Credit |
| Market price | 100 % ⇌ |
| Country | Switzerland
|
| ISIN code |
DE000CS8B578 ( in EUR )
|
| Interest rate | 0% |
| Maturity | 10/09/2024 - Bond has expired |
|
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|
| Minimal amount | 1 000 EUR |
| Total amount | 50 000 000 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. Recent market activity included the full repayment of the DE000CS8B578 bond, a fixed-income instrument issued by the prominent Swiss global financial services firm, Credit Suisse. This particular bond, denominated in EUR, represented a total issuance size of ?50,000,000 and was notable for its zero-percent interest rate, indicative of a zero-coupon structure. Originating from Switzerland, the bond, which had a minimum purchase size of ?1,000, reached its scheduled maturity on September 10, 2024, at which point it was fully reimbursed to investors. |
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