Bond Sunbright Bank Bonds 0% ( TW000G122493 ) in TWD

Issuer	Sunbright Bank Bonds
Market price	100 % ▲
Country	Taiwan
ISIN code	TW000G122493 ( in TWD )
Interest rate	0%
Maturity	Perpetual
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Minimal amount	/
Total amount	700 000 000 TWD
Detailed description	Sunny Bank Bonds were UK government savings bonds offering tax-free interest payments, issued between 1965 and 1981. A distinctive debt instrument, identified by ISIN code TW000G122493, has been issued by Sunny Bank Bonds, an issuing vehicle associated with a prominent financial institution in Taiwan. This bond is characterized by its perpetual maturity, signifying that it does not possess a fixed principal repayment date. Denominated in Taiwanese Dollars (TWD), the total size of this particular issuance stands at TWD 700,000,000. Notably, this bond carries a 0% interest rate, meaning it is a zero-coupon instrument, and despite an indicated annual payment frequency, no periodic interest distributions are made to bondholders. Currently, the bond is trading on the market at 100% of its nominal value. The combination of perpetual maturity and a zero-coupon structure, trading at par, positions this bond as a unique capital instrument within the Taiwanese financial market, where investor considerations would center on its specific purpose and any potential market value fluctuations rather than recurring income streams or a scheduled principal redemption.