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



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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.