ItalianoBond Banque Fédérale du Crédit Mutuel 0% ( FR0128477918 ) in EUR
| Issuer | Banque Fédérale du Crédit Mutuel |
| Market price | 100 % ⇌ |
| Country |  France
|
| ISIN code |
 FR0128477918 ( in EUR )
|
| Interest rate | 0% |
| Maturity | 13/08/2024 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| 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 identified by ISIN FR0128477918, issued by Banque Fédérative du Crédit Mutuel, reached its scheduled maturity date on August 13, 2024, and has subsequently been fully reimbursed to its holders. This debt instrument, denominated in Euros (EUR), was notably structured as a zero-coupon bond, signifying that it did not accrue periodic interest payments throughout its lifecycle, with the investment return designed to be realized at its singular repayment upon maturity. At the point of redemption, the bond was repaid at 100% of its face value, confirming a principal reimbursement at par for investors. The issuer, Banque Fédérative du Crédit Mutuel (BFCM), serves as the central body of the Crédit Mutuel Group, one of France's largest and most prominent mutualist banking networks. Operating under a unique cooperative model, BFCM plays a pivotal role in the group's financial stability, treasury management, and capital markets operations, overseeing and supporting the activities of its numerous member federations across France. Its robust presence in the French financial landscape underpins its capacity to honor its financial obligations, such as the full repayment of this specific bond which originated from France. The successful and timely reimbursement of this bond marks its complete lifecycle conclusion within the issuer's debt portfolio management. |