Bond Banque Fédérale du Crédit Mutuel 0% ( FR0128206770 ) in EUR

Issuer Banque Fédérale du Crédit Mutuel
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0128206770 ( in EUR )
Interest rate 0%
Maturity 26/09/2024 - 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 recent financial market event concerns the bond identified by ISIN FR0128206770, issued by Banque Fédérative du Crédit Mutuel, a prominent entity within the French banking sector. Banque Fédérative du Crédit Mutuel serves as the central body of the Crédit Mutuel Group, one of France's leading mutual and cooperative banking groups, known for its extensive network and comprehensive financial services across banking and insurance. This particular bond, denominated in EUR and issued out of France, featured a 0% interest rate, indicating it was likely a zero-coupon instrument or designed for principal protection, and had a maturity date of September 26, 2024, with a stated payment frequency of one. The instrument reached its maturity on the aforementioned date and has subsequently been fully redeemed, with its market price at repayment reported at 100% of its nominal value, confirming its successful settlement.