Bond Banque Fédérale du Crédit Mutuel 1.625% ( XS0873248420 ) in EUR

Issuer Banque Fédérale du Crédit Mutuel
Market price 100 %  ⇌ 
Country  France
ISIN code  XS0873248420 ( in EUR )
Interest rate 1.625% per year ( payment 1 time a year)
Maturity 11/01/2018 - Bond has expired



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Minimal amount 100 000 EUR
Total amount 1 250 000 000 EUR
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 financial markets recently concluded the lifecycle of a notable fixed-income instrument, specifically identified by its ISIN code XS0873248420, which was issued by Banque Fédérative du Crédit Mutuel. As the central body of the extensive Crédit Mutuel group, one of France's leading mutual banking networks, the issuer placed this bond in its domestic market, France. This particular bond, denominated in Euros (EUR), carried an annual coupon rate of 1.625% and represented a significant total issuance volume of ?1,250,000,000. Designed primarily for institutional or professional investors, the bond had a minimum purchase denomination set at ?100,000. Throughout its lifespan, the bond provided annual interest payments to its holders. Upon reaching its scheduled maturity date of January 11, 2018, the bond was successfully redeemed at par, with its principal value of 100% having been returned to investors, thereby concluding its term and ensuring full repayment.