Bond Maybank 0% ( XS1349234747 ) in USD

Issuer Maybank
Market price refresh price now   100.00 %  ⇌ 
Country  Malaysia
ISIN code  XS1349234747 ( in USD )
Interest rate 0%
Maturity 03/02/2046



Prospectus brochure in PDF format

Minimal amount 200 000 USD
Total amount 347 000 000 USD
Detailed description Maybank is a Malaysian multinational banking group offering a wide range of financial services across Southeast Asia and beyond.

Entitled 'Obligation' and uniquely identified by ISIN XS1349234747, this particular long-term debt instrument has been issued by Maybank, officially known as Malayan Banking Berhad, which stands as Malaysia's largest bank by market capitalization and total assets, and is a prominent financial powerhouse across the Southeast Asian region, offering a comprehensive suite of banking, financial, and insurance services with a strong regional footprint from its Malaysian base of issuance. The bond is currently trading at 100% of its face value, indicating a market price at par, and is denominated in United States Dollars (USD), making it an accessible instrument for international investors. A key defining characteristic of this bond is its zero-coupon nature, indicated by a 0% interest rate, meaning it does not disburse periodic interest payments to bondholders; instead, investors realize their return upon maturity by purchasing the bond at a discount to its par value and receiving the full face value at redemption. With a distant maturity date of February 3, 2046, this bond represents a long-duration asset, and its total issuance size of USD 347,000,000 signifies a substantial capital raise, while a minimum purchase threshold of USD 200,000 per lot positions it as an offering primarily aimed at institutional investors or high-net-worth individuals. While the data indicates a 'frequency of payment' of 2, for a zero-coupon bond, this field typically refers to periodic coupon disbursements and thus does not apply to the interest payment mechanism of this specific instrument, where returns are embedded in the purchase discount and final principal repayment.
DateClean price
07/08/2024100.00%
08/07/2024100.00%
03/09/2023100.00%