ItalianoBond Banque Fédérale du Crédit Mutuel 0% ( FR0128325570 ) in EUR
| Issuer | Banque Fédérale du Crédit Mutuel |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 FR0128325570 ( in EUR )
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| Interest rate | 0% |
| Maturity | 13/05/2024 - 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 with ISIN FR0128325570, issued by Banque Fédérative du Crédit Mutuel (BFCM), has recently matured and was fully repaid on May 13, 2024. As the central financing entity for the Crédit Mutuel Group, one of France's largest mutualist banking and insurance groups, BFCM is a significant issuer in the European debt capital markets. This particular security, denominated in EUR and issued from France, featured a 0% interest rate, indicating it was structured as a zero-coupon bond or a non-interest-bearing instrument, with investor returns anticipated from its discount issuance price relative to its 100% par value redemption at maturity. Despite a noted payment frequency of '1', typical periodic coupon distributions were not applicable due to its zero-interest nature. At its maturity, the bond?s market price stood at 100%, confirming its repayment at par to bondholders. |