Bond MUFG Bank 0% ( XS1399082954 ) in USD
| Issuer | MUFG Bank | ||||||||||||||||||||||||
| Market price | |||||||||||||||||||||||||
| Country | Japan
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| ISIN code |
XS1399082954 ( in USD )
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| Interest rate | 0% | ||||||||||||||||||||||||
| Maturity | 04/26/2046 | ||||||||||||||||||||||||
| Minimal amount | 1 000 000 USD | ||||||||||||||||||||||||
| Total amount | 100 000 000 USD | ||||||||||||||||||||||||
| Detailed description |
MUFG Bank, formerly known as Mitsubishi UFJ Financial Group, is a leading global financial group offering a wide range of financial services including commercial banking, investment banking, asset management, and trust banking, with a significant presence in Japan and international markets. **MUFG Bank Issues Long-Dated USD Bond with Zero-Coupon Profile** MUFG Bank, a core banking subsidiary of Mitsubishi UFJ Financial Group (MUFG), a global financial powerhouse and one of Japan's largest financial services organizations, has issued a notable debt instrument identified by ISIN XS1399082954. Headquartered in Tokyo, MUFG Bank extends its comprehensive banking services across corporate, retail, and investment sectors worldwide, serving a vast international client base and solidifying its standing as a significant issuer in global capital markets. This particular bond is denominated in U.S. Dollars (USD) and is characterized by a nominal interest rate of 0%. While the provided data indicates a payment frequency of two times per year, this effectively means no periodic coupon payments are distributed to bondholders, positioning it as a zero-coupon equivalent bond in terms of cash flow during its life. The bond is currently trading at 100% of its par value on the market. The maturity date for this long-term obligation is April 26, 2046, offering investors a multi-decade investment horizon. The total issuance size for ISIN XS1399082954 amounts to 100,000,000 USD. Reflecting its likely target audience of institutional investors or high-net-worth individuals, the minimum purchase size for this bond is set at 1,000,000 USD. As a zero-coupon equivalent, investors primarily anticipate receiving the full principal amount at maturity, with no intermediate interest income. The issuance of a USD-denominated bond by a highly-rated Japanese entity like MUFG Bank caters to a broad international investor base seeking diversified exposure within their portfolios without currency conversion risks for USD-based assets. |
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