ABU DH.C.BK 23/28 MTNABU DH.C.BK 23/28 MTNABU DH.C.BK 23/28 MTN

ABU DH.C.BK 23/28 MTN

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Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
5.38% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.15%
Maturity date
Jul 18, 2028
Term to maturity
3 years

About ABU DH.C.BK 23/28 MTN


Sector
Finance
Industry
Major Banks
Home page
Issue date
Jul 18, 2023
ISIN
XS2651081304
FIGI
BBG01HDHD683
Abu Dhabi Commercial Bank engages in the provision of commercial banking services. It operates through the following segments: Consumer Banking; Wholesale Banking; Investments and Treasury; and Property Management. The Consumer Banking segment includes retail, wealth management, Islamic financing, and investment in associates. The Wholesale Banking segment consists of business banking, cash management, trade finance, corporate finance, small and medium enterprise financing, investment banking, Islamic financing, infrastructure and asset finance, and government and public enterprises. The Investments and Treasury segment is involved in central treasury operations, management of the group’s investment portfolio and interest rate, currency and commodity derivative portfolio, and Islamic financing. The Property Management segment covers the real estate management and engineering service operations of subsidiaries, and rental income earned from properties of the group. The company was founded on July 1, 1985 and is headquartered in Abu Dhabi, the United Arab Emirates.
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