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ItalianoBond Sharjah Holdings 1.5% ( XS2176800774 ) in AED
| Issuer | Sharjah Holdings |
| Market price | 100 % ⇌ |
| Country |  United Arab Emirates
|
| ISIN code |
 XS2176800774 ( in AED )
|
| Interest rate | 1.5% per year ( payment 1 time a year) |
| Maturity | 19/05/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 000 AED |
| Total amount | 2 000 000 000 AED |
| Detailed description |
Sharjah is one of the seven emirates of the United Arab Emirates, known for its rich cultural heritage, Islamic architecture, and thriving arts scene, alongside its modern infrastructure and burgeoning economy. This financial analysis details the recently matured fixed-income instrument, ISIN XS2176800774, issued by Sharjah ? one of the seven emirates of the United Arab Emirates renowned for its diversified economy and cultural significance ? which was an AED 2,000,000,000 bond offering a 1.5% annual interest rate paid yearly, with a minimum purchase size of AED 1,000,000, and despite a reported market price of 100% (presumably at or near its redemption), it officially matured and was fully repaid on May 19, 2021, concluding its lifecycle. |