Bond Credit Suisse (Bahamas) Limited 0% ( US22552F5N85 ) in USD
| Issuer | Credit Suisse (Bahamas) Limited | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country | Switzerland
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| ISIN code |
US22552F5N85 ( in USD )
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| Interest rate | 0% | ||||||
| Maturity | 25/04/2022 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 000 USD | ||||||
| Total amount | 548 000 USD | ||||||
| Cusip | 22552F5N8 | ||||||
| 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. **Credit Suisse (Bahamas) Limited Bond Matures and is Repaid at Par** Zurich, Switzerland ? A specific bond issued by Credit Suisse (Bahamas) Limited, a key entity within the global financial services group Credit Suisse Group AG known for its international wealth management and private banking services, recently reached its maturity date of April 25, 2022, and has been fully repaid. This financial instrument, identified by its ISIN code US22552F5N85 and CUSIP code 22552F5N8, was issued in US Dollars (USD) with a total offering size of $548,000, and individual investors could acquire the bond in minimum denominations of $1,000. Notably, the bond carried a 0% interest rate, classifying it as a zero-coupon instrument, where investor returns are typically realized through the difference between a discounted purchase price and its full principal value at maturity; consequently, its principal amount was repaid at 100% of its par value upon maturation. While a payment frequency of ?2? was indicated, for a zero-coupon bond, this primarily pertains to the single principal repayment event at maturity rather than periodic interest distributions. The bond's country of issuance was Switzerland, reflecting the issuer's strong ties to its ultimate parent's domicile. |
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