ItalianoBond CADESIA 4.375% ( FR0010347989 ) in EUR
| Issuer | CADESIA |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 FR0010347989 ( in EUR )
|
| Interest rate | 4.375% per year ( payment 1 time a year) |
| Maturity | 25/10/2021 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 1 000 EUR |
| Total amount | 6 030 000 000 EUR |
| Detailed description |
CADES (CMS Advanced Electronic Signatures) is a standard for digitally signing electronic documents, offering various signature levels with varying degrees of security and trust. This financial instrument, identified by the ISIN code FR0010347989, represents a bond issued by Cades, or Caisse d'Amortissement de la Dette Sociale, which is a public administrative body of the French state specifically established with the unique mission to amortize the accumulated debt of the French social security system, achieving this by issuing debt instruments on the financial markets and thereby playing a crucial role in the management of France's public finances. This particular bond, issued from France and denominated in EUR, was characterized by an annual interest rate of 4.375%, with the total size of this issuance being substantial at 6,030,000,000 EUR, and a minimum acquisition size for investors set at 1,000 EUR. During its active trading period, the bond was observed to be priced at 100% of its face value on the market; with an original maturity date of October 25, 2021, and an annual payment frequency, this bond has since successfully reached its maturity and has been fully repaid, concluding its lifecycle within the financial markets. |