Mashreqbank PSC FRN 3M +130bp 23 May 2029

    United Arab Emirates flagAEUSD
    XS2824736230 · Bearer · matures 23 May 2029 (2.6y)
    Coupon
    Floating
    3MNTH reference rate + 130 bps
    Yield to maturity
    —
    No traded price yet
    Maturity
    23 May 2029
    2.6 years · bullet

    Key facts

    Identifiers

    ISINThe 12-character code that identifies this bond worldwide. Use it to find the bond at a broker or in other tools.
    XS2824736230
    Issuer LEILegal Entity Identifier. A global 20-character code for the issuing company, used in regulatory reports.
    5493000SA3K24EQKA103
    Issuer countryThe country where the issuer is registered, from GLEIF, the global register of legal entities. Some international organisations have no country.
    United Arab EmiratesUnited Arab Emirates flag
    Supervised inThe country of the authority that supervises trading in this bond under MiFID II. The issuer can be based elsewhere: Italy supervises Israel's bonds.
    LuxembourgLuxembourg flag
    Trading venuesWhere the bond can be traded, shown by Market Identifier Code (MIC). The first one is the main listing. Hover a code to see the venue name.
    XLUX

    Terms

    InterestFixed means the coupon stays the same until maturity. Floating means it follows a reference rate plus a spread.
    Floating rate
    Floating rateThe reference rate the coupon follows, and the extra amount (spread) the issuer pays on top. 100 bps is 1 percentage point.
    3MNTH reference rate + 130 bps
    Next couponThe date of the next interest payment. We cannot estimate it for this bond.
    —
    CurrencyThe currency of the coupons and the repayment.
    USD
    RedemptionHow the principal is repaid. Bullet means all of it is repaid in one payment at maturity. Callable means the issuer can repay early.
    Bullet, at maturity
    SeniorityWhere the bond ranks if the issuer fails. Senior bonds are paid before subordinated bonds.
    —
    Guarantee or rankWho backs the bond besides the issuer, such as a government, or where it ranks among the issuer's debts. From its CFI classification code.
    Unsecured/unguaranteed

    Size and settlement

    Amount issuedHow much the issuer sold when the bond was first issued.
    USD 45M
    Minimum amountThe smallest amount of this bond you can buy, in face value and in the bond's currency.
    USD 200,000
    FormBearer bonds belong to whoever holds them in a custody account. Registered bonds record the owner's name.
    Bearer
    InstrumentThe kind of debt security, from its CFI classification code.
    Medium-term note
    First tradeThe first day the bond could trade on a European venue.
    23 May 2024

    Price and risk

    Last priceWe show a price when a European venue or reporting service publishes a trade or a quote for this bond.
    No traded price yet
    Early repaymentCallable: the issuer can repay the bond before maturity, and tends to when rates fall. Puttable: you can ask the issuer to repay it early, on set dates.
    Not callable

    Issuer yield curve

    Yield of each traded Mashreqbank PSC bond in USD, by maturity

    Issuer debt by maturity year

    How much Mashreqbank PSC must repay each year, converted to US dollars. Each block is a bond; the top block of a year groups the bonds too small to show.

    Other bonds due in 2029Other years

    Other bonds by Mashreqbank PSC

    37 bonds from this issuer · 3 with a traded yield

    Open in screener
    ISINNameMaturityTime leftCouponYTMCcy
    XS2673811944Mashreqbank PSC FRN 3M +145bp 30 Aug 202830 Aug 20281.9y——USD
    XS3197559266Mashreqbank PSC 2.43% 11 Dec 202811 Dec 20282.1y2.430%—CNY
    XS3253235744Mashreqbank PSC 2.45% 19 Dec 202819 Dec 20282.2y2.450%—CNY
    XS2752455183Mashreqbank PSC FRN 3M +140bp 23 Jan 202923 Jan 20292.3y——USD
    XS2807539809Mashreqbank PSC 5.645% 23 Apr 202923 Apr 20292.5y5.645%—USD
    XS2822442096Mashreqbank PSC FRN 1D +130bp 15 May 202915 May 20292.6y——USD
    XS2824736230Mashreqbank PSC FRN 3M +130bp 23 May 202923 May 20292.6y——USD
    XS2839001349Mashreqbank PSC FRN 3M +130bp 14 Jun 202914 Jun 20292.7y——USD
    XS2850574000Mashreqbank PSC FRN 3M +130bp 26 Jun 202926 Jun 20292.7y——USD
    XS3506177958Mashreqbank PSC 5.1% 10 Sep 202910 Sep 20292.9y5.100%—AED
    XS2053835653Mashreqbank PSC 3.6% 25 Sep 202925 Sep 20292.9y3.600%Old price3.77%CNY
    XS2960492804Mashreqbank PSC FRN 3M +115bp 13 Dec 202913 Dec 20293.1y——USD