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, a prominent international banking group headquartered in London with a significant global presence across 59 markets, particularly strong in Asia, Africa, and the Middle East, focusing on wholesale banking, consumer banking, and treasury operations, has issued a notable United Kingdom-domiciled, U.S. Dollar-denominated zero-coupon bond identified by ISIN XS2431322150, which currently trades at 100% of its face value and carries a 0% interest rate until its long-term maturity on January 19, 2057, with a total issuance size of USD 200,000,000 and a minimum purchase requirement of USD 1,000,000, noting that despite an indicated payment frequency of 2, this instrument accrues value without periodic coupon distributions.
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