Bond Azure Credit Card Secured Securities 0% ( US900432AA31 ) in USD
Issuer | Azure Credit Card Secured Securities |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 15/09/2016 - Bond has expired |
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Minimal amount | / |
Total amount | / |
Detailed description |
Turquoise Credit Card Backed Securities are asset-backed securities collateralized by a pool of credit card receivables, typically offering varying levels of risk and return depending on the seniority of the tranche. This financial article details the US900432AA31 bond, a USD-denominated debt instrument issued from the United Kingdom by Turquoise Credit Card Backed Securities, an entity specializing in the origination of asset-backed securities collateralized by credit card receivables; the bond, which featured a 0% interest rate and a semi-annual payment frequency, reached its maturity on September 15, 2016, and has since been fully redeemed at its 100% market price. |