Bond Banque Fédérale du Crédit Mutuel 0% ( FR0127493205 ) in EUR
Issuer | Banque Fédérale du Crédit Mutuel |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 13/04/2023 - Bond has expired |
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Minimal amount | / |
Total amount | / |
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. An analysis of a recently concluded fixed-income instrument highlights its key specifications and the profile of its issuer. This particular bond, identified by its International Securities Identification Number (ISIN) FR0127493205, was issued by Banque Fédérative du Crédit Mutuel (BFCM). BFCM stands as a cornerstone within the French financial system, serving as the central financial institution for the Crédit Mutuel Group, one of France's largest and most well-established cooperative banking networks. Headquartered in France, BFCM plays a pivotal role in the group's funding strategies and overall financial operations, maintaining a significant presence in both domestic and international capital markets. The bond itself was denominated in Euros (EUR) and originated from France. Notably, it featured a 0% interest rate, signifying it as a zero-coupon instrument or a bond without recurring coupon payments, where the return for investors would typically derive from the difference between its issue price and its par value at redemption. Its market price, indicated at 100%, reflected its par value at the point of its lifecycle completion. With a specified maturity date of April 13, 2023, and a payment frequency of 1, referring to the singular principal repayment, this obligation has successfully reached its term and has been fully redeemed, thus concluding its trading life and fulfilling its financial commitments to its holders. |