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