Mashreqbank 4% 15/11/2024Mashreqbank 4% 15/11/2024Mashreqbank 4% 15/11/2024

Mashreqbank 4% 15/11/2024

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Key terms


Outstanding amount
‪99.87 M‬CNH
Face value
10,000.00CNH
Minimum denomination
1,000,000.00CNH
Coupon
4.00% (Fixed)
Coupon frequency
Annual
Yield to maturity
4.00%
Maturity date
Nov 15, 2024
Term to maturity
5 days

About Mashreqbank 4% 15/11/2024


Sector
Finance
Industry
Regional Banks
Issue date
Nov 15, 2019
ISIN
XS2078365595
FIGI
BBG00QRKHVM7
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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