Bond Banque Fédérale du Crédit Mutuel 0% ( FR0128016179 ) in EUR

Issuer Banque Fédérale du Crédit Mutuel
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0128016179 ( in EUR )
Interest rate 0%
Maturity 02/11/2023 - 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.

The French-issued bond with ISIN FR0128016179, denominated in EUR and issued by Banque Fédérative du Crédit Mutuel (BFCM), the central financial entity and mutualist federation of the Crédit Mutuel Group, one of France's largest banking and insurance conglomerates, officially reached its maturity date on November 2, 2023. This debt instrument, which carried a 0% interest rate and was structured with an annual payment frequency, was successfully redeemed at its full par value, reflected by its final market price of 100% prior to reimbursement, thereby fulfilling its obligations to bondholders.