Bond UBSL 0% ( US90289A2419 ) in USD
| Issuer | UBSL |
| Market price | 9.7356 % ▼ |
| Country | Switzerland
|
| ISIN code |
US90289A2419 ( in USD )
|
| Interest rate | 0% |
| Maturity | 05/03/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 USD |
| Total amount | 2 000 000 USD |
| Cusip | 90289A241 |
| 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 analysis focuses on a specific debt instrument, identified by ISIN US90289A2419 and CUSIP 90289A241, which was issued by UBS (London Branch), a key part of UBS Group AG, a globally recognized financial services firm headquartered in Switzerland; the bond itself was also designated with Switzerland as its country of issuance. The instrument was denominated in United States Dollars (USD), with a total issue size of 2,000,000 USD and a minimum purchase threshold of 1,000 USD. Notably, this bond featured a 0% interest rate, indicating its structure as a zero-coupon obligation, where investor returns are generated from the discount at which it was purchased relative to its par redemption value, rather than through periodic interest payments, despite a reported payment frequency of 2. The bond matured on March 5, 2021, at which point its last reported market price was 9.7356%, and it has since been fully redeemed, marking the completion of its lifecycle within the fixed income market. |
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