Bond Abu Dhabi First Bank 0% ( XS2430037502 ) in USD

Issuer	Abu Dhabi First Bank
Market price	100 % ⇌
Country	United Arab Emirates
ISIN code	XS2430037502 ( in USD )
Interest rate	0%
Maturity	25/01/2062
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Minimal amount	1 000 000 USD
Total amount	250 000 000 USD
Detailed description	First Abu Dhabi Bank (FAB) is a leading universal bank in the UAE, offering a wide range of financial services including corporate and investment banking, retail banking, and wealth management. First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates and a prominent financial institution across the Middle East and North Africa region, known for its comprehensive range of corporate, investment, and retail banking services, has issued an obligation with ISIN code XS2430037502, originating from the United Arab Emirates, denominated in US Dollars, representing a total issuance size of USD 250,000,000 with a minimum purchase size of USD 1,000,000, notably structured with a 0% interest rate and a long-term maturity date of January 25, 2062, currently trading at 100% of its par value on the market and featuring a specified payment frequency of two times per year.