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ItalianoBond East Asia Bank 0.95% ( HK0000243508 ) in HKD
| Issuer | East Asia Bank |
| Market price | 100 % ⇌ |
| Country |  Hong Kong
|
| ISIN code |
 HK0000243508 ( in HKD )
|
| Interest rate | 0.95% per year ( payment 1 time a year) |
| Maturity | 08/04/2016 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 500 000 HKD |
| Total amount | 150 000 000 HKD |
| Detailed description |
Bank of East Asia (BEA) is a Hong Kong-based multinational banking and financial services corporation with operations across Asia and other global markets. An analysis of the recently matured fixed-income instrument issued by Bank of East Asia, identified by ISIN HK0000243508, reveals a successful completion of its investment cycle for bondholders. Bank of East Asia, a prominent independent local bank headquartered in Hong Kong with a significant regional and international presence, issued this specific bond in Hong Kong Dollars (HKD) with an initial total issuance size of HKD 150,000,000, requiring a minimum purchase size of HKD 500,000 per tranche. The bond carried an annual interest rate of 0.95% and featured a payment frequency of once per year, culminating in its maturity on April 8, 2016, at which point it traded at 100% of its par value, leading to its full redemption. |