Bond Caisse Nationale du Financement Local 1.25% ( FR0012467942 ) in EUR
Issuer | Caisse Nationale du Financement Local | ||
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Interest rate | 1.25% per year ( payment 1 time a year) | ||
Maturity | 22/01/2035 | ||
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Minimal amount | 100 000 EUR | ||
Total amount | 1 150 000 000 EUR | ||
Next Coupon | 22/01/2026 ( In 126 days ) | ||
Detailed description |
The Caisse Française de Financement Local (CFDL) is a French public financial institution that provides financing to local authorities for public infrastructure projects. An in-depth analysis of the FR0012467942 bond, issued by Caisse Française de Financement Local, reveals a structured long-term debt instrument available on the market. This bond, with ISIN FR0012467942, is denominated in EUR and currently trades at 100% of its nominal value. It offers an annual interest rate of 1.25%, with coupon payments disbursed once per year. The bond matures on January 22, 2035, indicating a long-term investment horizon. The total size of this issuance stands at ?1,150,000,000, with a minimum investment lot set at ?100,000. Caisse Française de Financement Local (CAFFIL) operates as a specialized French public sector covered bond issuer (Société de Financement de l'Habitat, SFH), functioning as a subsidiary of the SFIL Group, a prominent public development bank. CAFFIL's core mission involves refinancing public sector loans originated primarily by La Banque Postale and other local public sector lending activities within France, ensuring robust asset backing for its issuances. These bonds are structured as *obligations foncières* or comparable covered bonds, benefiting from a stringent legal framework under French law that provides enhanced investor security through a dedicated, segregated pool of public sector assets, contributing to their generally high credit quality. The bond originates from France, underscoring its alignment with the French regulatory and financial environment. |