Bond Credit Suisse (Bahamas) Limited 0% ( US22551LZ455 ) in USD
| Issuer | Credit Suisse (Bahamas) Limited | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country | Switzerland
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| ISIN code |
US22551LZ455 ( in USD )
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| Interest rate | 0% | ||||||
| Maturity | 04/04/2022 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 000 USD | ||||||
| Total amount | 223 000 USD | ||||||
| Cusip | 22551LZ45 | ||||||
| Standard & Poor's ( S&P ) rating | N/A | ||||||
| Moody's rating | N/A | ||||||
| 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. This financial article details the Bond (ISIN: US22551LZ455, CUSIP: 22551LZ45), an instrument issued by Credit Suisse (Bahamas) Limited, a Bahamas-domiciled entity operating as part of the broader Credit Suisse group, frequently utilized for international financial operations and specific debt issuances. With its country of issuance noted as Switzerland, this USD-denominated bond, having a total issue size of USD 223,000 and a minimum purchase size set at USD 1,000, notably featured a 0% interest rate, indicating it functioned as a zero-coupon instrument or an obligation without ongoing coupon payments, despite a stated semi-annual payment frequency. The bond reached its definitive maturity on April 4, 2022, and was subsequently redeemed at 100% of its face value, marking the successful completion of its investment lifecycle. |
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