Bond HSBC Premier 0% ( XS2199352183 ) in USD

Issuer	HSBC Premier
Market price	100 % ⇌
Country	United Kingdom
ISIN code	XS2199352183 ( in USD )
Interest rate	0%
Maturity	12/07/2023 - 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 USD
Total amount	650 000 USD
Detailed description	HSBC Holdings plc is a British multinational banking and financial services holding company headquartered in London, serving customers worldwide in wealth and personal banking, commercial banking, and global banking and markets. Issued by HSBC, a prominent multinational universal bank and financial services organization headquartered in London, United Kingdom, which stands as one of the world's largest banking groups offering extensive services across retail, commercial, global banking, and wealth management, the bond identified by ISIN XS2199352183 was a USD-denominated instrument originating from the United Kingdom. This particular bond featured a 0% interest rate, characteristic of a zero-coupon bond where periodic interest payments are not made, and its return is realized through appreciation to its par value at redemption. With a total issue size of 650,000 units and a minimum purchase size set at 1,000 units, its market value was noted at 100% at a certain point. While a payment frequency of 2 (semi-annual) was indicated, which is typical for coupon-bearing instruments, this would not apply to periodic interest distributions given the bond's zero-coupon structure. Crucially, this bond reached its scheduled maturity date on July 12, 2023, and has subsequently been fully repaid to its holders, thereby concluding its lifecycle within the financial markets.