Bond Crédit Agricole SA 0% ( FR0128101245 ) in EUR
Issuer | Crédit Agricole SA |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 13/10/2023 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | / |
Total amount | / |
Detailed description |
Crédit Agricole is a French multinational cooperative banking group with a global presence, offering a wide range of financial services including retail banking, investment banking, and asset management. The Crédit Agricole Zero-Coupon Bond with ISIN FR0128101245 Reaches Maturity and Repayment. **Paris, France** ? A specific bond instrument, identified by its ISIN code FR0128101245, recently completed its lifecycle, having matured and been fully repaid. Issued by Crédit Agricole, a prominent French cooperative banking group and one of the largest financial institutions globally, this particular bond represented a direct debt obligation denominated in Euros and issued from France. Crédit Agricole, known for its strong presence across retail banking, asset management, insurance, and corporate and investment banking, regularly utilizes debt instruments like this to diversify its funding sources and manage its liquidity. This bond was a notable zero-coupon instrument, meaning it did not pay periodic interest during its tenure. Instead, investors would have purchased it at a discount to its face value, with the yield realized upon its repayment at par (100% of its nominal value) at maturity. With a maturity date of October 13, 2023, the bond's principal was successfully returned to its holders on this date. While its payment frequency was indicated as '1' (a single principal payment at maturity), its core characteristic as a zero-coupon bond differentiates it from traditional coupon-bearing securities, offering investors a different profile for capital appreciation. The successful repayment at 100% underscores the issuer's commitment to its financial obligations and the standard operational conclusion for such debt securities. |