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ItalianoBond Swiss Credit 0% ( US22550F5420 ) in USD
| Issuer | Swiss Credit |
| Market price | 17.22 % ▼ |
| Country |  Switzerland
|
| ISIN code |
 US22550F5420 ( in USD )
|
| Interest rate | 0% |
| Maturity | 30/06/2022 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 USD |
| Total amount | 1 988 000 USD |
| Cusip | 22550F542 |
| 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. This financial article details a specific zero-coupon bond, identified by ISIN US22550F5420 and CUSIP 22550F542, which was issued in USD by Credit Suisse, the prominent Swiss-based global financial services company. This obligation featured a total issuance size of 1,988,000 units with a minimum purchase requirement of 1,000 units and, despite its 0% interest rate, was reportedly traded at a market price of 17.22% at a certain point in its lifecycle before reaching its scheduled maturity on June 30, 2022, at which time it was fully repaid, thus concluding its status as an outstanding liability. |