Bond UBSL 0% ( US90272V7982 ) in USD

Issuer UBSL
Market price 100 %  ⇌ 
Country  Switzerland
ISIN code  US90272V7982 ( in USD )
Interest rate 0%
Maturity 30/04/2024 - Bond has expired



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Minimal amount 1 000 USD
Total amount 1 156 000 USD
Cusip 90272V798
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
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.

An investment review highlights the recent maturity and repayment of a specific debt instrument, the bond identified by ISIN US90272V7982 and CUSIP 90272V798. This security was issued by UBS (London Branch), a significant operational arm of the globally renowned Swiss financial services powerhouse, UBS Group AG, which maintains a substantial presence in international capital markets through various entities, including its London branch, responsible for a broad spectrum of financial services and debt issuance. Originating from Switzerland, the bond was denominated in US Dollars, representing a total issue size of 1,156,000 units, with a minimum purchase increment set at 1,000 units. A notable characteristic of this instrument was its 0% interest rate, classifying it as a zero-coupon bond, where, conventionally, investor returns are derived from the discount at which the bond is initially purchased relative to its par value at maturity. Although a payment frequency of two was indicated, this would typically pertain to semi-annual coupon distributions, which were not applicable given the zero-coupon structure; the primary payout for this instrument was the principal upon its maturity. The bond reached its scheduled maturity date on April 30, 2024. Confirming its successful redemption, the instrument was repaid at 100% of its face value, ensuring the full return of principal to all bondholders upon its maturity.