Bond Abu Dhabi First Bank 3.4% ( XS0539587617 ) in HKD

Issuer Abu Dhabi First Bank
Market price 100 %  ⇌ 
Country  United Arab Emirates
ISIN code  XS0539587617 ( in HKD )
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.