Bond Banque Fédérale du Crédit Mutuel 2.75% ( US06675GAF28 ) in USD
Issuer | Banque Fédérale du Crédit Mutuel |
Market price | 100 % ▼ |
Country | ![]() |
ISIN code |
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Interest rate | 2.75% per year ( payment 2 times a year) |
Maturity | 14/10/2020 - Bond has expired |
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Minimal amount | 200 000 USD |
Total amount | 1 000 000 000 USD |
Cusip | 06675GAF2 |
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. The US06675GAF28 bond (CUSIP: 06675GAF2), a USD-denominated obligation issued from France by Banque Federative du Credit Mutuel ? the central body of the major French cooperative banking group Credit Mutuel ? carried a 2.75% interest rate, paid semi-annually, with a total issuance size of $1,000,000,000 and a minimum purchase size of $200,000, and was successfully redeemed at its 100% market price upon maturity on October 14, 2020, having received ratings of 'A' from Standard & Poor's and 'Aa3' from Moody's. |