Bond UBSL 0% ( US90281K7919 ) in USD

Issuer UBSL
Market price 9.75 %  ▼ 
Country  Switzerland
ISIN code  US90281K7919 ( in USD )
Interest rate 0%
Maturity 10/08/2023 - Bond has expired



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Minimal amount 1 000 USD
Total amount 27 147 000 USD
Cusip 90281K791
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 article details a specific bond instrument, identified by its ISIN US90281K7919 and CUSIP 90281K791. The bond was issued by UBS (London Branch), a key operational segment of UBS Group AG, a multinational investment bank and financial services company headquartered in Zurich, Switzerland. Operating under the regulatory oversight of the United Kingdom, the London Branch extends UBS's global reach, executing a wide array of financial activities including investment banking, asset management, and wealth management, benefiting from the strong credit profile and extensive network of its parent Swiss entity. This particular debt instrument was denominated in USD, with a total issuance size of $27,147,000 and a minimum purchase size set at $1,000. A defining characteristic of this bond was its zero-coupon nature, evidenced by a stated interest rate of 0%, meaning it did not provide periodic interest payments to investors but was typically issued at a discount, with the return realized upon redemption at its face value. While a payment frequency of '2' was noted, this usually signifies semi-annual distributions for coupon-bearing bonds; for this zero-coupon security, it refers to the single principal repayment event at maturity. The bond matured on August 10, 2023, and at a specific market valuation point during its lifecycle, a price of 9.75% was observed. Following its maturity date, the bond has since been fully redeemed, concluding its lifecycle as a tradable financial asset.