ItalianoBond Banque Fédérale du Crédit Mutuel 0% ( US06675GAW50 ) in USD
| Issuer | Banque Fédérale du Crédit Mutuel |
| Market price | 100 % ▲ |
| Country |  France
|
| ISIN code |
 US06675GAW50 ( in USD )
|
| Interest rate | 0% |
| Maturity | 04/02/2025 - 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 | 700 000 000 USD |
| Cusip | 06675GAW5 |
| 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. An analysis of the recently matured USD 700 million bond, identified by ISIN US06675GAW50 (CUSIP: 06675GAW5), reveals an offering from Banque Federative du Credit Mutuel (BFCM), the central financial institution of Crédit Mutuel, one of France's largest and most established cooperative banking groups renowned for its robust domestic retail presence and diversified financial services; this French-issued obligation, which matured and was fully repaid on April 2, 2025, achieved its 100% par value redemption, notable given its 0% interest rate and indicated semi-annual payment frequency (likely reflecting calculation periods rather than coupon disbursements for a zero-interest instrument), and it mandated a minimum purchase of USD 200,000, having consistently maintained strong investment-grade credit ratings of A+ from Standard & Poor's and Aa3 from Moody's throughout its lifecycle, underscoring the issuer's creditworthiness. |