AIX BOND has a fixed coupon rate payout, and it yields 3% per quarter, generating an annual return of 12% per annum.
The returns paid in the form of Coupon rates for the AIX BOND are fixed returns, irrespective of market conditions.
The term of investment for subscribing for the AIX BOND is a fixed period of 60 months (5 years) from the issuance date of April 2024, expiring April 2029. Depending on the subscription date, the remaining tenure would be the term of the Investment.
AIX BOND allows early redemption which can be exercised after 3.5 years (42 months) from subscription date. Terms and conditions may apply.
There is no Secondary market or liquidity provided by the Issuer but the BOND can be freely transferred to a third party under a private agreement.
The BONDS are issued by a Special Purpose Vehicle (SPV) incorporated in Ireland whose sole purpose is to issue the said Notes under its approved Program. The SPV is a multi issuance vehicle designed to issue segregated Series of Notes. It can also be referred to as a “Securitization Vehicle”.
The bond is denominated only in EUR currency.
