Bond ICBC Singapore 2% ( XS1406670999 ) in USD

Issuer ICBC Singapore
Market price 100 %  ⇌ 
Country  China
ISIN code  XS1406670999 ( in USD )
Interest rate 2% per year ( payment 2 times a year)
Maturity 10/05/2019 - Bond has expired



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Minimal amount 200 000 USD
Total amount 800 000 000 USD
Detailed description ICBC (Singapore Branch) is a subsidiary of the Industrial and Commercial Bank of China, offering a wide range of financial services including corporate banking, trade finance, and personal banking products to individuals and corporations in Singapore.

This bond, identified by ISIN XS1406670999, was issued by ICBC (Singapore Branch), a significant entity of the Industrial and Commercial Bank of China, one of the world's largest state-owned commercial banks headquartered in China, and was a USD-denominated instrument carrying a 2% annual interest rate paid semi-annually, with a total issuance size of $800,000,000 and a minimum purchase threshold of $200,000, which historically traded at 100% of its face value before reaching its maturity and being fully repaid on May 10, 2019.