Bond Credit Suisse (Bahamas) Limited 0% ( US22551LRU60 ) in USD
| Issuer | Credit Suisse (Bahamas) Limited | ||||||||||
| Market price | 100.00 % ⇌ | ||||||||||
| Country | Switzerland
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| ISIN code |
US22551LRU60 ( in USD )
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| Interest rate | 0% | ||||||||||
| Maturity | 05/02/2024 - Bond has expired | ||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 000 USD | ||||||||||
| Total amount | 1 347 000 USD | ||||||||||
| Cusip | 22551LRU6 | ||||||||||
| Detailed description |
Credit Suisse (Bahamas) Limited was a subsidiary of Credit Suisse AG, providing wealth management and related financial services to high-net-worth individuals and institutional clients in the Bahamas. Identified by ISIN US22551LRU60 and CUSIP 22551LRU6, a specific zero-coupon bond issued in USD by Credit Suisse (Bahamas) Limited, a financial entity based in Switzerland operating as part of the broader Credit Suisse financial services group, has officially concluded its lifecycle. This bond, characterized by its 0% interest rate and designed to provide returns through a discount to its face value, represented a total issue size of 1,347,000 nominal units, with a minimum purchase increment set at 1,000 units. Noteworthy for trading at a significant premium, with a reported market price of 160.05% prior to its final date, the instrument reached its maturity on February 5, 2024, and has since been fully redeemed, fulfilling its obligations to its holders. |
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