Bond UBSL 0% ( US90280X4896 ) in USD

Issuer UBSL
Market price 5.23 %  ▼ 
Country  Switzerland
ISIN code  US90280X4896 ( in USD )
Interest rate 0%
Maturity 25/10/2022 - Bond has expired



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Minimal amount 1 000 USD
Total amount 4 341 000 USD
Cusip 90280X489
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 report details a specific bond issuance, identified by ISIN US90280X4896 and CUSIP 90280X489, which was issued by the London Branch of UBS. UBS (London Branch) operates as a key component of UBS Group AG, a leading global financial services company headquartered in Zurich and Basel, Switzerland, demonstrating its international reach and operational scope; as a prominent international bank, UBS London Branch plays a significant role in various financial markets, including investment banking, wealth management, and asset management, issuing debt instruments to diversify its funding sources and manage its liquidity profile within the global financial landscape, consistent with its Swiss parentage for this particular issuance, which originated from Switzerland. Designated as a zero-coupon bond, this instrument had an interest rate of 0%, meaning it did not provide periodic interest payments to bondholders but was designed to be purchased at a discount and mature at its face value; it was denominated in United States Dollars (USD), with the total issuance size recorded at 4,341,000 USD and a minimum purchase size set at 1,000 USD. A reported market valuation or yield of 5.23% was noted for this bond, reflecting its performance or pricing at a point prior to its redemption; it is important to clarify that despite a 'payment frequency' notation of 2 (which typically signifies semi-annual interest payments for coupon-bearing bonds), this particular instrument, being zero-coupon, did not involve such periodic distributions. The bond ultimately reached its maturity on October 25, 2022, and confirming its successful completion, this obligation has since been fully redeemed and repaid to its holders, marking the conclusion of its lifecycle as a financial instrument.