ItalianoBond Banque Fédérale du Crédit Mutuel 0% ( FR0014001UM5 ) in USD
| Issuer | Banque Fédérale du Crédit Mutuel |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 FR0014001UM5 ( in USD )
|
| Interest rate | 0% |
| Maturity | 08/02/2023 - 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 | 200 000 USD |
| Total amount | 30 000 000 USD |
| Detailed description |
Crédit Mutuel's banking operations are conducted through a network of regional banks, each with its own distinct legal identity but operating under the Crédit Mutuel brand and overall group structure. The bond identified by ISIN FR0014001UM5, issued in France by Banque Fédérative du Crédit Mutuel, reached its maturity on February 8, 2023, and has been fully reimbursed at 100% of its par value. Banque Fédérative du Crédit Mutuel (BFCM) serves as a central financial institution for the Crédit Mutuel group, one of France's leading and most resilient mutual banking and insurance groups, underscoring its significant role in the French financial landscape. This particular fixed-income instrument was a zero-coupon bond, denominated in USD, with an initial interest rate of 0%, meaning investors did not receive periodic interest payments but typically realized their return from purchasing the bond at a discount and receiving the full principal amount at maturity. The total issue size for this bond was $30,000,000, with a minimum purchase amount set at $200,000. The successful and timely repayment of this obligation further reinforces BFCM's commitment to its financial liabilities and its robust credit profile within the global market. |