Bond Stanchart Bank 12% ( XS2444926229 ) in USD

Issuer	Stanchart Bank
Market price	100 % ⇌
Country	United Kingdom
ISIN code	XS2444926229 ( in USD )
Interest rate	12% per year ( payment 2 times a year)
Maturity	15/02/2027
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Minimal amount	200 000 USD
Total amount	5 800 000 USD
Next Coupon	15/02/2026 ( In 86 days )
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. An interesting debt instrument has been identified in the market: a bond issued by Standard Chartered Bank, distinguishable by its ISIN code XS2444926229. This U.S. dollar-denominated security, issued from the United Kingdom, is currently trading at par, reflecting a market price of 100% of its nominal value. Standard Chartered Bank, the issuer of this bond, is a prominent British multinational banking and financial services company with its headquarters in London. Renowned for its extensive global presence, particularly across Asia, Africa, and the Middle East, the bank operates in over 70 countries and offers a comprehensive range of services spanning consumer, corporate, and institutional banking, alongside treasury operations. As a well-established entity in the global financial landscape, Standard Chartered Bank's offerings are typically considered within the context of a diversified financial institution with a strong international footprint. Delving into the specifics of this particular bond, it features a significant annual coupon rate of 12%, a notably high yield for a security from an institution of Standard Chartered's standing. Interest payments are scheduled semi-annually, with a frequency of two payments per year. The bond has a total issuance size of 5,800,000 USD, a moderate sum in the context of major corporate debt offerings. For prospective investors, the minimum acquisition threshold is set at 200,000 USD, positioning this instrument primarily for institutional investors or high-net-worth individuals rather than the broad retail market. The bond carries a maturity date of February 15, 2027, placing it in the relatively short-to-medium term category.