Bond Stanchart Bank 0% ( XS2509140757 ) in USD

Issuer	Stanchart Bank
Market price	100 % ▲
Country	United Kingdom
ISIN code	XS2509140757 ( in USD )
Interest rate	0%
Maturity	28/07/2025 - Bond has expired
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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 in-depth look into the fixed-income market reveals a specific debt instrument issued by Standard Chartered Bank, identified by ISIN code XS2509140757. Standard Chartered Bank, a prominent British multinational banking and financial services company headquartered in London, England, operates an extensive global network spanning over 70 countries across Asia, Africa, and the Middle East, generating the vast majority of its revenues and profits from these regions. Recognized for its comprehensive offerings in consumer, corporate, and institutional banking, alongside treasury services, the bank holds a significant position in international finance. This particular bond, denominated in USD, is issued from the United Kingdom and carries a distinctive 0% interest rate, categorizing it as a zero-coupon instrument, meaning investors do not receive periodic interest payments throughout its life. While a payment frequency of 2 (typically indicating semi-annual payments) is noted, this is not applicable for coupon distributions given the zero-rate feature. The bond is currently trading at 100% of its par value on the market, implying it is valued at its face amount. It is set to mature on July 28, 2025, providing a defined redemption date for investors holding this unique obligation from a globally significant financial institution.