Bond Banque Fédérale du Crédit Mutuel 0% ( FR0128173434 ) in EUR

Issuer Banque Fédérale du Crédit Mutuel
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0128173434 ( in EUR )
Interest rate 0%
Maturity 01/08/2024 - 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.

A financial update confirms the recent maturity and full redemption of a specific bond issued by Banque Fédérative du Crédit Mutuel, a prominent French cooperative banking group serving a vast client base across the nation. This particular debt instrument, identified by ISIN FR0128173434 and denominated in EUR, featured a 0% interest rate, indicating it was structured as a zero-coupon bond. Originally issued in France, it reached its maturity date on August 1, 2024, at which point it was redeemed at 100% of its face value, reflecting a par repayment to investors in line with its single payment frequency upon maturity.