Bond Banque Fédérale du Crédit Mutuel 0% ( FR0128381557 ) in EUR

Issuer Banque Fédérale du Crédit Mutuel
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0128381557 ( in EUR )
Interest rate 0%
Maturity 08/08/2024 - 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 specific fixed-income instrument, identified by ISIN FR0128381557, has successfully reached its maturity and been fully redeemed. This zero-coupon bond was issued by Banque Fédérative du Crédit Mutuel (BFCM), a prominent entity within Crédit Mutuel Alliance Fédérale, one of France's largest mutual banking groups with a substantial footprint in retail banking, asset management, and insurance. Denominated in EUR and issued from France, this bond carried a 0% interest rate, which categorized it as a zero-coupon instrument. It reached its scheduled maturity date on August 8, 2024, at which point it was redeemed at 100% of its principal value, reflecting its market price at repayment. The stated 'payment frequency of 1' for this bond refers to the single principal repayment made upon its maturity, as no periodic interest payments were disbursed.