Bond Banque Fédérale du Crédit Mutuel 0% ( FR0127716761 ) in GBP
Issuer | Banque Fédérale du Crédit Mutuel |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 17/04/2023 - 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. This article details the conclusion of a specific financial instrument, the bond identified by ISIN FR0127716761, which has recently reached its scheduled maturity. The issuer of this bond was Banque Fédérative du Crédit Mutuel, the central institution of Crédit Mutuel, a major French mutualist banking group operating on a cooperative model and representing a significant pillar of the nation's financial sector, providing a wide array of banking, financial, and insurance services across its decentralized network. This particular debt security, denominated in Great British Pounds (GBP) and originating from France, was characterized by a 0% interest rate, consistent with a zero-coupon bond structure where the investor's yield is typically realized from the difference between the purchase price and the full redemption value. With a maturity date of April 17, 2023, and a stated payment frequency of one, implying a single principal repayment at term for this zero-coupon instrument, the bond was reported to have been redeemed at 100% of its face value upon maturity, signifying the successful completion of its investment lifecycle and the full repayment to bondholders. |