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ItalianoBond Swiss Credit 0% ( US22550J7836 ) in USD
| Issuer | Swiss Credit |
| Market price | 10.69 % ▼ |
| Country |  Switzerland
|
| ISIN code |
 US22550J7836 ( in USD )
|
| Interest rate | 0% |
| Maturity | 26/01/2023 - 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 | 18 254 000 USD |
| Cusip | 22550J783 |
| 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 overview details the specifics of the USD-denominated zero-coupon bond, ISIN US22550J7836 (CUSIP 22550J783), originally issued in Switzerland by Credit Suisse, the prominent banking institution that has since been acquired by UBS Group AG; with an initial total issuance size of $18,254,000 and a minimum purchase threshold of $1,000, this security, which notably carried no interest rate payments during its life, reportedly traded at a market price of 10.69% at some point, reflecting its journey towards its maturity date of January 26, 2023, at which point it was successfully repaid and redeemed. |