Bond Mashreq Bank 3.52% ( XS1960292578 ) in USD
| Issuer | Mashreq Bank |
| Market price | 100 % ⇌ |
| Country | United Arab Emirates
|
| ISIN code |
XS1960292578 ( in USD )
|
| Interest rate | 3.52% per year ( payment 2 times a year) |
| Maturity | 09/03/2020 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 200 000 USD |
| Total amount | 102 000 000 USD |
| Detailed description |
Mashreqbank is a leading financial institution in the Middle East and North Africa region, offering a wide range of banking and financial services to individuals and corporations. The bond, identified by ISIN code XS1960292578, issued by Mashreqbank, a prominent financial institution headquartered in the United Arab Emirates, and denominated in USD, which carried an annual interest rate of 3.52% with semi-annual coupon payments, matured on March 9, 2020, and was subsequently redeemed at 100% of its par value, concluding its lifecycle from a total issue size of USD 102,000,000 that was originally offered with a minimum purchase increment of USD 200,000. |
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United Arab Emirates