Bond Crédit Agricole SA 0% ( FR0128141373 ) in EUR
Issuer | Crédit Agricole SA |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 30/10/2023 - Bond has expired |
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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. A specific zero-coupon bond issued by Crédit Agricole, identified by ISIN FR0128141373, has successfully reached its maturity date and been fully redeemed, as confirmed by its issuer. Crédit Agricole S.A. stands as one of France's largest banking groups, renowned for its diverse financial services encompassing retail banking, corporate and investment banking, asset management, and insurance. As a cooperative bank with a strong domestic and international presence, its operations extend across various continents, serving a wide array of clients from individuals to large corporations. Its significant market position and robust financial structure underpin its various financial instruments, including debt securities like the one under review. This particular debt instrument, categorized as a bond, was issued under French jurisdiction and denominated in Euros (EUR). Notably, it featured a zero-coupon structure, meaning it carried an interest rate of 0%, which implies it was likely issued at a discount and redeemed at par, or served a specific non-interest-bearing purpose. Its market price prior to maturity stood at 100% of its nominal value, indicative of its imminent repayment. The bond's maturity date was set for October 30, 2023. Although a payment frequency of '1' was noted, this would not have applied to periodic interest payments given its zero-coupon nature, rather signaling its single principal repayment event. The successful redemption of ISIN FR0128141373 on its maturity date signifies the fulfillment of Crédit Agricole's obligation to its bondholders for this specific security, concluding its lifecycle within the financial markets. This event underscores the predictable nature of fixed-income investments once they reach their pre-defined maturity. |