Bond UBSL 0% ( US90273E3320 ) in USD

Issuer UBSL
Market price 14.345 %  ▼ 
Country  Switzerland
ISIN code  US90273E3320 ( in USD )
Interest rate 0%
Maturity 31/07/2024 - Bond has expired



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Minimal amount 1 000 USD
Total amount 927 000 USD
Cusip 90273E332
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 analysis of a recently concluded debt instrument reveals the specific characteristics of a bond issued by UBS (London Branch), uniquely identified by its ISIN US90273E3320 and CUSIP 90273E332. UBS, a globally recognized financial services firm with a significant presence across capital markets, utilized its London Branch as the issuing entity for this particular security, underscoring its broad international operational scope and capacity for diverse financial product offerings. Although the issuer was based in London, the bond's country of issuance was designated as Switzerland, potentially influencing its regulatory oversight and legal framework. This bond, denominated in US Dollars (USD), was issued with a total nominal size of USD 927,000, allowing for a minimum investment of USD 1,000 per unit. A distinctive feature of this instrument was its stated interest rate of zero percent (0%), categorizing it as a zero-coupon bond. Such bonds do not pay periodic interest coupons to investors; instead, the return is generated from the difference between the discounted price at which the bond is purchased and its par value received at maturity. While a payment frequency of "2" was noted?typically indicative of semi-annual coupon disbursements?the zero-interest nature meant no cash-flow payments occurred prior to redemption. The bond was set to mature on July 31, 2024. The last reported market price for this security was 14.345%, which for a zero-coupon bond, would represent a heavily discounted price relative to its par value, reflecting the yield and market conditions at the time it was trading before its final redemption. Critically, this bond has now reached its maturity date and the principal amount has been fully reimbursed to its holders, marking the complete lifecycle and successful conclusion of this specific debt instrument.