Bond ADCB Financial [Cayman] Ltd 5.1% ( XS0761317089 ) in USD
| Issuer | ADCB Financial [Cayman] Ltd | ||
| Market price | |||
| Country | United Arab Emirates
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| ISIN code |
XS0761317089 ( in USD )
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| Interest rate | 5.1% per year ( payment 1 time a year) | ||
| Maturity | 01/04/2027 | ||
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| Minimal amount | 200 000 USD | ||
| Total amount | 50 000 000 USD | ||
| Next Coupon | 02/04/2026 ( In 147 days ) | ||
| Detailed description |
ADCB Finance (Cayman) Ltd. is a subsidiary of Abu Dhabi Commercial Bank (ADCB), operating as an offshore banking entity in the Cayman Islands, specializing in providing financial services to corporate and high-net-worth clients. An informative financial analysis highlights an outstanding bond issuance originating from the United Arab Emirates, carrying the ISIN XS0761317089, which was issued by ADCB Finance [Cayman] Ltd. This issuer functions as a specialized financing vehicle for Abu Dhabi Commercial Bank (ADCB), a prominent and established financial institution within the UAE banking sector. This USD-denominated bond is currently trading at 100% of its par value and offers an annual coupon rate of 5.1%, with its maturity scheduled for April 1, 2027. The total size of this particular issuance is USD 50,000,000, and it features a minimum purchase amount of USD 200,000 per transaction. |
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United Arab Emirates