Bond HSBC Premier 0% ( XS2363488490 ) in USD

Issuer HSBC Premier
Market price 100 %  ⇌ 
Country  United Kingdom
ISIN code  XS2363488490 ( in USD )
Interest rate 0%
Maturity 12/08/2024 - Bond has expired



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Minimal amount 1 000 USD
Total amount 1 000 000 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.

An analysis of the recently matured debt instrument, identified by ISIN XS2363488490, provides a clear case study of a specific bond issuance by a leading global financial institution. The issuer of this obligation is HSBC Holdings plc, one of the world's largest banking and financial services organizations, headquartered in London, United Kingdom. HSBC operates across a vast international network, providing a comprehensive range of services, including retail banking, wealth management, commercial banking, and global banking and markets. Its extensive global presence and robust financial standing position it as a significant player in the international debt capital markets, with its issuances often reflecting strong credit quality and market liquidity. This particular bond, issued from the United Kingdom, was denominated in United States Dollars (USD), with a total issuance size of 1,000,000 USD. The minimum purchase size for investors was set at 1,000 USD, allowing for a range of investor participation. A defining characteristic of this debt security was its zero-coupon nature, evidenced by a stated interest rate of 0%. This implied that, unlike traditional bonds, there were no periodic interest payments distributed to bondholders throughout the life of the instrument. Instead, the return on investment for such a bond is typically realized through the difference between its purchase price (often at a discount to its par value) and the full principal amount received upon maturity. Although a payment frequency of '2' was noted, which conventionally indicates a semi-annual basis for coupon payments, in the context of this zero-coupon bond, it confirmed that no recurring interest disbursements were made, with the only significant financial transaction being the repayment of principal. The bond reached its scheduled maturity date on August 12, 2024. At the time of its maturity, the bond was trading at 100% of its par value on the market. As of this date, the obligation has been successfully redeemed, meaning that HSBC, as the issuer, fully honored its commitment by repaying the principal amount to all bondholders. This successful redemption at par underscores the issuer's fulfillment of its financial obligations and the predictable conclusion for investors holding such a debt instrument until its specified maturity.