Bond UBSL 6% ( US90270KT660 ) in USD

Issuer UBSL
Market price 98.56 %  ⇌ 
Country  Switzerland
ISIN code  US90270KT660 ( in USD )
Interest rate 6% per year ( payment 2 times a year)
Maturity 29/11/2024 - Bond has expired



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Minimal amount 1 000 USD
Total amount 1 386 000 USD
Cusip 90270KT66
Detailed description UBS London Branch operates as a significant subsidiary of UBS Group AG, providing a wide range of investment banking, wealth management, and asset management services to clients in the UK and internationally.

This financial instrument, identified by ISIN US90270KT660 and CUSIP 90270KT66, was a U.S. Dollar-denominated bond issued by UBS (London Branch), a key operational arm of UBS Group AG, the globally prominent Swiss-headquartered financial services company. The bond, initially sized at USD 1,386,000 with a minimum purchase amount of USD 1,000, carried a 6% annual interest rate, disbursed semi-annually. While it had been noted trading at 98.56% of its par value prior to its expiration, the bond successfully reached its maturity on November 29, 2024, and has since been fully reimbursed to investors by the issuer.