Bond CFCM Europe Nord 0% ( FR0012057412 ) in EUR

Issuer CFCM Europe Nord
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0012057412 ( in EUR )
Interest rate 0%
Maturity 30/07/2019 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 300 000 000 EUR
Detailed description CFCM Nord Europe is the regional branch of the French Council of the Muslim Faith (CFCM) responsible for representing and coordinating Muslim affairs in Northern Europe.

An analysis of the FR0012057412 bond, an instrument issued by CFCM Nord Europe, reveals a straightforward, zero-coupon debt security that reached its full term and was subsequently repaid. The issuer, CFCM Nord Europe, an entity based in France, engaged in this debt issuance to secure financing, with the bond being denominated in Euros. Categorized as a conventional bond, this specific security carried a unique characteristic of a 0% interest rate, effectively making it a zero-coupon bond where no periodic interest payments were made to bondholders; investors in this instrument would have received their principal back at maturity, assuming no discount or premium at issuance, as indicated by its 100% market price at the time of redemption. The total size of this particular bond issuance amounted to a substantial 300,000,000 EUR, signifying a significant capital raise by CFCM Nord Europe. The minimum purchase size set for this bond was 100,000 EUR, suggesting it was primarily targeted towards institutional investors or high-net-worth individuals rather than retail investors, given the substantial entry barrier. The bond reached its scheduled maturity date on July 30, 2019. As confirmed by the issuer, the obligation has successfully matured and the principal amount has been fully repaid to all bondholders, underscoring the issuer's fulfillment of its financial commitments related to this specific debt instrument.