Bond Abu Dhabi First Bank 0% ( XS1546411650 ) in USD

Issuer	Abu Dhabi First Bank
Market price	100 % ⇌
Country	United Arab Emirates
ISIN code	XS1546411650 ( in USD )
Interest rate	0%
Maturity	20/01/2047
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Minimal amount	200 000 USD
Total amount	885 000 000 USD
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. This financial article details a bond issuance (ISIN: XS1546411650) by First Abu Dhabi Bank, a leading financial institution headquartered in the United Arab Emirates, with this USD-denominated obligation, representing a total issue size of $885,000,000, featuring a notable 0% interest rate, classifying it as a zero-coupon instrument, currently observed trading at 100% of its par value on the market, carrying a long-term maturity set for January 20, 2047, and stipulating a minimum purchase size of $200,000 and an indicated payment frequency of 2.