Bond UBSL 0% ( XS2187686444 ) in USD

Issuer	UBSL
Market price	100 % ⇌
Country	United Kingdom
ISIN code	XS2187686444 ( in USD )
Interest rate	0%
Maturity	29/06/2023 - Bond has expired
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Minimal amount	150 000 USD
Total amount	7 981 000 USD
Detailed description	UBS London Branch operates as a significant subsidiary of UBS Group AG, providing a wide range of investment banking, wealth management, and asset management services to clients in the UK and internationally. An analysis of the XS2187686444 bond issuance reveals a zero-coupon debt instrument that has now reached its full term. This bond, issued by UBS (London Branch) out of the United Kingdom, was denominated in USD and carried a stated interest rate of 0%, indicating it functioned as a zero-coupon bond, typically issued at a discount and redeemed at par. UBS Group AG, a global financial services company, operates across various segments including wealth management, asset management, and investment banking, with its London Branch playing a crucial role in its international debt capital markets activities and adherence to UK regulatory standards. The bond had a total issuance size of USD 7,981,000, with a minimum investment threshold set at USD 150,000 per purchase. Although a nominal payment frequency of two times per year was listed, as a zero-coupon bond, its return was embedded in its discounted issuance price and realized as a single payment at maturity. The bond?s original maturity date was June 29, 2023, and it has since successfully matured and been fully repaid to its holders at its 100% redemption price, signifying the successful conclusion of this particular debt obligation.