Bond Stanchart Bank 0% ( XS2290335814 ) in USD

Issuer	Stanchart Bank
Market price	100 % ⇌
Country	United Kingdom
ISIN code	XS2290335814 ( in USD )
Interest rate	0%
Maturity	22/01/2036
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 000 USD
Total amount	10 000 000 USD
Detailed description	Standard Chartered Bank is a British multinational banking and financial services company headquartered in London, operating in over 60 markets across Asia, Africa, and the Middle East, with a focus on emerging markets. Standard Chartered Bank has issued a detailed overview of a new debt instrument, designated as a bond, identified by the ISIN Code XS2290335814. Standard Chartered Bank, a prominent British multinational banking and financial services company headquartered in London, operates an extensive global network with a strategic focus on Asia, Africa, and the Middle East, distinguishing itself as a significant player in emerging markets and international finance. This particular offering, issued from the United Kingdom, is currently priced at 100% of its par value on the market and is denominated in USD. A distinctive feature of this bond is its stated 0% interest rate. While the payment frequency is indicated as '2' (typically signifying semi-annual payments), the absence of a periodic coupon suggests that this could be structured as a zero-coupon bond, where the investor's return is realized through principal appreciation at maturity rather than regular interest disbursements, or it may represent a specific type of structured product. The total size of this emission is 10,000,000 units, with a minimum purchase size set at 1,000,000 units, indicating an instrument primarily aimed at institutional or high-net-worth investors. The bond has a defined maturity date of January 22, 2036.