ItalianoBond Banque Fédérale du Crédit Mutuel 0% ( FR0128200740 ) in GBP
| Issuer | Banque Fédérale du Crédit Mutuel |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 FR0128200740 ( in GBP )
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| Interest rate | 0% |
| Maturity | 19/07/2024 - Bond has expired |
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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 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 bond instrument identified by the International Securities Identification Number (ISIN) FR0128200740, issued by the Banque Fédérative du Crédit Mutuel, has officially reached its maturity date of July 19, 2024, and has been fully repaid. The Banque Fédérative du Crédit Mutuel (BFCM) stands as a core entity within the Crédit Mutuel Alliance Fédérale, representing one of France's largest and most significant cooperative banking groups. As a major financial institution headquartered in France, BFCM plays a pivotal role in the group's funding strategy and capital management, frequently engaging in debt capital markets to support its diverse activities. This specific obligation, denominated in Great British Pounds (GBP), featured a stated interest rate of zero percent and a payment frequency of one, indicating a structure likely aligned with a zero-coupon bond or a principal-only repayment at par. Prior to its redemption, the bond's market price was reported at 100% of its nominal value, signaling its imminent and complete repayment. The successful conclusion of this bond's lifecycle, with its principal fully returned to holders, further demonstrates BFCM's adherence to its financial commitments and reinforces its standing as a reliable issuer within the international debt markets. |