Bond Abu Dhabi First Bank 3.4% ( XS0539587617 ) in HKD
Issuer | Abu Dhabi First Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 3.4% per year ( payment 1 time a year) |
Maturity | 08/09/2017 - Bond has expired |
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Minimal amount | 1 000 000 HKD |
Total amount | 316 000 000 HKD |
Detailed description |
First Abu Dhabi Bank (FAB) is a leading universal bank in the UAE, offering a wide range of financial services including corporate and investment banking, retail banking, and wealth management. A detailed analysis confirms the successful conclusion of the fixed-income instrument identified by ISIN XS0539587617, which, having been issued by First Abu Dhabi Bank (FAB), a leading financial institution headquartered in the United Arab Emirates and recognized as one of the largest and most robust banks in the Middle East and North Africa (MENA) region, reached its maturity on September 8, 2017, and has subsequently undergone full redemption. This specific bond, part of a total issuance size of HKD 316,000,000 with a minimum purchase increment of HKD 1,000,000, was denominated in Hong Kong Dollars (HKD) and offered investors an annual interest rate of 3.4%; its final market price stood at 100% upon its maturity, confirming the complete repayment of its principal to all holders as per its terms. |