Bond Banque Fédérale du Crédit Mutuel 0% ( FR0127615989 ) in EUR

Issuer Banque Fédérale du Crédit Mutuel
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0127615989 ( in EUR )
Interest rate 0%
Maturity 03/10/2023 - Bond has expired



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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.

A financial instrument identified as a bond (ISIN: FR0127615989), issued by Banque Fédérative du Crédit Mutuel, recently reached its maturity on October 3, 2023; Banque Fédérative du Crédit Mutuel, a central and significant entity within the French cooperative banking landscape, serves as the federal body for the extensive Crédit Mutuel Group, overseeing its financial operations and strategic development, demonstrating its integral role in the French banking system; this particular bond, issued in France and denominated in Euros (EUR), was characterized by a 0% interest rate, indicating it was likely structured as a zero-coupon instrument with no periodic payments, and was fully redeemed at 100% of its nominal value upon its maturity, confirming its successful repayment.