Bond Abu Dhabi Commercial Bank 0% ( XS1958264126 ) in USD

Issuer Abu Dhabi Commercial Bank
Market price refresh price now   100 %  ⇌ 
Country  United Arab Emirates
ISIN code  XS1958264126 ( in USD )
Interest rate 0%
Maturity 03/08/2049



Prospectus brochure of the bond Abu Dhabi Commercial Bank XS1958264126 en USD 0%, maturity 03/08/2049




Minimal amount 1 000 000 USD
Total amount 20 000 000 USD
Detailed description Abu Dhabi Commercial Bank (ADCB) is a major commercial bank in the United Arab Emirates, offering a wide range of financial services including retail banking, corporate banking, investment banking, and wealth management to both individuals and corporations.

An issuance identified by ISIN XS1958264126, a debt instrument originated by Abu Dhabi Commercial Bank, is currently trading at par, reflecting a market price of 100% of its nominal value. Abu Dhabi Commercial Bank, a prominent financial institution based in the United Arab Emirates and one of the largest banks in the UAE offering a comprehensive suite of banking and financial services, is the issuer of this particular bond. Denominated in US Dollars (USD), the total size of this issuance stands at USD 20,000,000, with a substantial minimum purchase requirement set at USD 1,000,000, suggesting a target audience of institutional or sophisticated investors. Notably, this is a zero-coupon bond, meaning it carries a stated interest rate of 0% and therefore does not provide periodic interest payments; instead, investors receive the principal amount at maturity. The bond is set to mature on March 8, 2049, representing a long-term investment horizon. Given its zero-coupon nature, the 'payment frequency of 1' refers to the single principal repayment at maturity.
DateClean price
08/07/2024100.00%
07/08/2024100.00%
08/20/2023100.00%
07/27/2023100.00%
07/03/2023100.00%
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04/22/2023100.00%
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