Mashreqbank 3,6% 25/09/2029Mashreqbank 3,6% 25/09/2029Mashreqbank 3,6% 25/09/2029

Mashreqbank 3,6% 25/09/2029

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Key terms


Outstanding amount
‪71.04 M‬CNH
Face value
10,000.00CNH
Minimum denomination
1,000,000.00CNH
Coupon
3.60% (Fixed)
Coupon frequency
Annual
Yield to maturity
3.60%
Maturity date
Sep 25, 2029
Term to maturity
4 years

About Mashreqbank 3,6% 25/09/2029


Sector
Finance
Industry
Regional Banks
Issue date
Sep 25, 2019
ISIN
XS2053835653
FIGI
BBG00Q86DGH2
MashreqBank PSC engages in the provision of banking and financial services. It operates through the following segments: Wholesale, Retail, Treasury & Capital Markets, Insurance, and Other. The Wholesale segment comprises of corporate and commercial banking which includes global financial Institution and corporate business. The Retail segment includes products and services offered to individuals or small businesses within the United Arab Emirates and Egypt. The Treasury & Capital Markets segment consists of customer flow business and proprietary business and funding center management. The Insurance segment refers to the subsidiary, Oman Insurance Company (PSC) Group, which operates the insurance segment. The Other segment covers the head office and certain investments and assets held centrally. The company was founded on January 1, 1967 and is headquartered in Dubai, United Arab Emirates.
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