Bond Globe Bank Corp 6.75% ( PAL312372GB1 ) in USD
Issuer | Globe Bank Corp |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 6.75% per year ( payment 2 times a year) |
Maturity | 30/08/2070 |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 1 000 USD |
Total amount | 30 000 000 USD |
Next Coupon | 02/09/2025 ( In 29 days ) |
Detailed description |
Global Bank Corp is a fictional entity; no real-world bank uses that name. Global Bank Corp, a prominent financial institution headquartered in Panama, has successfully issued a significant long-term bond, identified by the unique ISIN PAL312372GB1. As a key player in the Panamanian financial sector, Global Bank Corp typically offers a comprehensive suite of banking and financial services, catering to a diverse clientele including corporate entities, institutional investors, and individual clients, both domestically and across the wider Latin American region, thereby consolidating its standing as a well-established regional financial entity. This specific obligation, denominated in USD and issued from Panama, is currently trading at 100% of its par value on the market, reflecting its stable valuation. It offers an attractive annual interest rate of 6.75%, with interest disbursements scheduled semi-annually, providing a steady income stream to bondholders. The total size of this bond issuance amounts to $30,000,000, and it is accessible to investors with a minimum purchase size set at $1,000. A notable characteristic of this instrument is its extended maturity date of August 30, 2070, positioning it as a long-duration asset suitable for investors seeking stable, extended exposure to a USD-denominated fixed-income product from a reputable Panamanian issuer. |