Bond Banque Fédérale du Crédit Mutuel 1.7% ( US06675GAE52 ) in USD
Issuer | Banque Fédérale du Crédit Mutuel |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 1.7% per year ( payment 2 times a year) |
Maturity | 20/01/2017 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | 200 000 USD |
Total amount | 500 000 000 USD |
Cusip | 06675GAE5 |
Standard & Poor's ( S&P ) rating | A ( Upper medium grade - Investment-grade ) |
Moody's rating | Aa3 ( High grade - Investment-grade ) |
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. This USD-denominated bond, identified by ISIN US06675GAE52 and CUSIP 06675GAE5, was an issuance from France by Banque Federative du Credit Mutuel (BFCM), the central body of the Crédit Mutuel Group and a major French cooperative banking institution holding strong credit ratings of 'A' from Standard & Poor's and 'Aa3' from Moody's, initially offered at a market price of 100% with a 1.7% interest rate paid semi-annually, representing a total issue size of $500,000,000 with a minimum purchase size of $200,000, which duly matured and was fully reimbursed on January 20, 2017. |