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| Issue Type | XXXX |
|---|---|
| Country | United Arab Emirates |
| Industry | XXXX |
| Region | XXXX |
| Maturity Date | 2034-12-10 |
| Par Value | 1000 |
| Callable | XXXX |
| Next Call Date | XXXX |
| Call Type | XXXX |
| Call Price (%) | XXXX |
| Series | XXXX |
| Class | XXXX |
| Maturity Structure | XXXX |
| Amount Outstanding (mil) | 250.00 |
| Coupon | 5.873 |
|---|---|
| Coupon Type | XXXX |
| Coupon Frequency | XXXX |
| First Coupon Date | XXXX |
| Last Coupon Date | XXXX |
| Sinking Fund | XXXX |
|---|---|
| Security | XXXX |
| Subordination | XXXX |
| Debt Type | XXXX |
| Issue Date | XXXX |
|---|---|
| Dated Date | XXXX |
| Issue Size (mil) | 250.000 |
| Min. Piece | XXXX |
| Min. Increment | XXXX |
This National Bank of Ras Al Khaimah corporate capital securities has a 5.87% floating rate rate coupon paid on a semi-annual basis. It was issued on September 10, 2024 with an issue size of 250.00 million USD and matures on December 10, 2034 with a last coupon date of September 10, 2034. |
National Bank of Ras Al Khaimah (RAK Bank), founded in 1976 and headquartered in Ras Al Khaimah, UAE, serves to provide a wide range of banking services tailored for personal and business needs. The bank offers an array of financial products, including retail banking, corporate banking, and investment services, aimed at fostering economic growth within the region.