Bond Globe Bank Corp 4.75% ( PAL312371HC9 ) in USD
Issuer | Globe Bank Corp |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 4.75% per year ( payment 2 times a year) |
Maturity | 31/05/2017 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 10 000 000 USD |
Detailed description |
Global Bank Corp is a fictional entity; no real-world bank uses that name. An analysis of the PAL312371HC9 bond, issued by Global Bank Corp, a Panama-based financial institution, reveals its historical characteristics as a U.S. Dollar-denominated obligation that matured and was subsequently redeemed, representing a successful conclusion for the $10,000,000 total issuance, which offered investors an annual interest rate of 4.75% paid semi-annually, with a minimum purchase size of $1,000, and was noted to be trading at 100% of its par value before its maturity on May 31, 2017. |