Bond Banque Fédérale du Crédit Mutuel 0% ( XS1046498157 ) in EUR

Issuer Banque Fédérale du Crédit Mutuel
Market price 100 %  ⇌ 
Country  France
ISIN code  XS1046498157 ( in EUR )
Interest rate 0%
Maturity 20/03/2019 - Bond has expired



Prospectus brochure of the bond Banque Federative du Credit Mutuel XS1046498157 in EUR 0%, expired


Minimal amount 100 000 EUR
Total amount 1 510 000 000 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 Bond issued by Banque Fédérale du Crédit Mutuel ( France ) , in EUR, with the ISIN code XS1046498157, pays a coupon of 0% per year.
The coupons are paid 1 time per year and the Bond maturity is 20/03/2019







FINAL TERMS dated 30 September 2014


BANQUE FÉDÉRATIVE DU CRÉDIT MUTUEL
Euro 45,000,000,000 Euro Medium Term Note Programme (the "Programme")
Series No: 382
Tranche No: 9
Issue of EUR 50,000,000 Floating Rate Notes due March 2019 (the "Notes")
to be consolidated and form a single series as described below with the
EUR 350,000,000 Floating Rate Notes due March 2019 issued as Tranche 1 of Series 382 on 20 March 2014
(the "Tranche 1 Notes"),
EUR 200,000,000 Floating Rate Notes due March 2019 issued as Tranche 2 of Series 382 on 2 April 2014
(the "Tranche 2 Notes"),
EUR 100,000,000 Floating Rate Notes due March 2019 issued as Tranche 3 of Series 382 on 9 April 2014
(the "Tranche 3 Notes"),
EUR 100,000,000 Floating Rate Notes due March 2019 issued as Tranche 4 of Series 382 on 24 April 2014
(the "Tranche 4 Notes"),
EUR 250,000,000 Floating Rate Notes due March 2019 issued as Tranche 5 of Series 382 on 23 June 2014
(the "Tranche 5 Notes"),
EUR 50,000,000 Floating Rate Notes due March 2019 issued as Tranche 6 of Series 382 on 29 September 2014
(the "Tranche 6 Notes"),
EUR 50,000,000 Floating Rate Notes due March 2019 issued as Tranche 7 of Series 382 on 30 September 2014
(the "Tranche 7 Notes") and
EUR 50,000,000 Floating Rate Notes due March 2019 issued as Tranche 8 of Series 382 on 1 October 2014
(the "Tranche 8 Notes")
under the Programme
Issued by
Banque Fédérative du Crédit Mutuel

Dealer
Goldman Sachs International
PART A ­ CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions (the "Conditions")
set forth in the Base Prospectus dated 29 May 2013 (the "Original Base Prospectus") which received visa
no. 13-248 from the Autorité des marchés financiers (the "AMF") on 29 May 2013. This document constitutes
the Final Terms of the Notes described herein for the purposes of Article 5.4 of Directive 2003/71/EC as
amended by Directive 2010/73/EC (to the extent that such amending directive has been implemented in the
Relevant Member State) (the "Prospectus Directive") and must be read in conjunction with the Base
Prospectus dated 5 June 2014 (the "Current Base Prospectus") which received visa no. 14-270 from the AMF
on 5 June 2014 and the supplement to the Current Base Prospectus dated 13 August 2014 which received visa
no.14-464 from the AMF on 13 August 2014, which together constitute a base prospectus for the purposes of the
Prospectus Directive, save in respect of the Conditions which are extracted from the Original Base Prospectus.
Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of
these Final Terms, the Original Base Prospectus, the Current Base Prospectus and the supplement to the Current
1



Base Prospectus. The Final Terms, the Original Base Prospectus, the Current Base Prospectus and the
supplement to the Current Base Prospectus are available for viewing at Banque Fédérative du Crédit Mutuel, 34
rue du Wacken 67000 Strasbourg and www.bfcm.creditmutuel.fr, and copies may be obtained from Banque
Fédérative du Crédit Mutuel, 34 rue du Wacken 67000 Strasbourg and from BNP Paribas Securities Services
Luxembourg Branch (in its capacity as Principal Paying Agent), 33, rue Gasperich, Howald-Hesperange, L-2085
Luxembourg, Grand Duchy of Luxembourg and will be available on the AMF website www.amf-france.org and
on the Luxembourg Stock Exchange's website www.bourse.lu.

1
Issuer:
Banque Fédérative du Crédit Mutuel
2
(i)
Series Number:
382

(ii)
Tranche Number:
9

(iii) Date on which the Notes become
The Notes will be consolidated, form a single series
fungible:
and be interchangeable for trading purposes with the
Tranche 6 Notes, the Tranche 7 Notes and the
Tranche 8 Notes immediately upon their issue and all
such Notes will be consolidated, form a single series
and be interchangeable for trading purposes with the
Tranche 1 Notes, the Tranche 2 Notes, the Tranche 3
Notes, the Tranche 4 Notes and the Tranche 5 Notes
on or about the Exchange Date of the Temporary
Global Notes for interests in the Permanent Global
Note, as referred to in paragraph 26(ii) below which
is expected to be on or about 13 November 2014 (the
"Exchange Date").
3
Specified Currency:
Euro ("EUR")
4
Aggregate Nominal Amount:


(i)
Series:
EUR 1,200,000,000

(ii)
Tranche:
EUR 50,000,000
5
Issue Price:
101.1670 per cent. of the Aggregate Nominal Amount
of this Tranche plus an amount corresponding to
accrued interest on such Aggregate Nominal Amount
from, and including, the Interest Commencement
Date to, but excluding, the Issue Date amounting to
EUR 11,138.89
6
(i)
Specified Denominations:
EUR 100,000

(ii)
Calculation Amount:
EUR 100,000
7
(i)
Issue Date:
2 October 2014

(ii)
Interest Commencement Date:
22 September 2014
8
Maturity Date:
20 March 2019
9
Interest Basis:
3-month EURIBOR + 0.72 per cent. per annum
Floating Rate
(further particulars specified below)
10 Redemption Basis:
Subject to any purchase and cancellation or early
redemption the Notes will be redeemed at 100 per
2



cent. of their nominal amount.
11 Change of Interest Basis:
Not Applicable
12 Put/Call Options:
Not Applicable
13 (i)
Status of the Notes:
Unsubordinated Notes

(ii)
Date Board approval for issuance of
Decision of Mr Christian Klein dated 22
Notes obtained:
September 2014, acting pursuant to the resolution of
the Board of Directors passed on 27 February 2014.

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14 Fixed Rate Note Provisions:
Not Applicable
15 Floating Rate Note Provisions:
Applicable

(i)
Interest Period(s):
As per the Conditions

(ii)
Specified Interest Payment Dates:
20 March, 20 June, 20 September and 20 December
in each year, subject to adjustment in accordance
with the Business Day Convention set out in (v)
below

(iii)
First Interest Payment Date:
The Specified Interest Payment Date falling on or
nearest to 20 December 2014

(iv)
Interest Period Date:
Not Applicable

(v)
Business Day Convention:
Modified Following Business Day Convention

(vi)
Business Centre(s):
Not Applicable

(vii)
Manner in which the Rate(s) of Interest
Screen Rate Determination
and Interest Amount is/are to be
determined:

(viii) Party responsible for calculating the
Not Applicable
Rate(s) of Interest and/or Interest
Amount(s) (if not the Calculation Agent):

(ix)
Screen Rate Determination:
Applicable

­ Reference Rate:
3-month EURIBOR

­ Interest Determination Date(s):
Two (2) TARGET Business Days prior to the first
day in each Interest Accrual Period

­ Relevant Screen Page:
Reuters page EURIBOR01

(x)
ISDA Determination:
Not Applicable

(xi)
FBF Determination:
Not Applicable

(xii)
Margin(s):
+0.72 per cent. per annum

(xiii) Minimum Rate of Interest:
Not Applicable

(xiv) Maximum Rate of Interest:
Not Applicable

(xv)
Day Count Fraction:
Actual/360
16 Zero Coupon Note Provisions:
Not Applicable
3



17 TEC 10 Linked Note Provisions:
Not Applicable
18 Inflation Linked Interest Note Provisions:
Not Applicable
19 Inflation Linked Range Accrual Note
Not Applicable
Provisions:
20 CMS Linked Note Provisions:
Not Applicable
21 Range Accrual Note Provisions:
Not Applicable
PROVISIONS RELATING TO REDEMPTION
22 Issuer Call Option:
Not Applicable
23 Noteholder Put Option:
Not Applicable
24 Final Redemption Amount:
EUR 100,000 per Calculation Amount
25 Early Redemption Amount:


(i)
Early Redemption Amount(s) of each Note
EUR 100,000 per Calculation Amount
payable on redemption for taxation reasons
or on Event of Default:

(ii)
Redemption for taxation reasons permitted
No
on days other than Specified Interest
Payment Dates:

(iii)
Unmatured Coupons to become void upon
Yes
early redemption:
GENERAL PROVISIONS APPLICABLE TO THE NOTES
26 Form of Notes:
Bearer Notes

(i)
New Global Note:
Yes

(ii)
Temporary or Permanent Global Note:
Temporary Global Note exchangeable for a
Permanent Global Note which is exchangeable for
Definitive Notes in the limited circumstances
specified in the Permanent Global Note

(iii)
Applicable TEFRA exemptions:
D Rules
27 Financial Centre(s):
Not Applicable
28 Talons for future Coupons or Receipts to be
No
attached to Definitive Notes (and dates on
which such Talons mature):
29 Details relating to Instalment Notes:
Not Applicable
30 Redenomination provisions:
Not Applicable
31 Consolidation provisions:
Not Applicable
32 Purchase in accordance with Article L.213-1 A
Applicable
and D.213-1 A of the French Code monétaire et
financier:
33 Any applicable currency disruption:
Not Applicable


4



RESPONSIBILITY
The Issuer accepts responsibility for the information contained in these Final Terms.
Signed on behalf of the Issuer
BANQUE FÉDÉRATIVE DU CRÉDIT MUTUEL

By:
............................................

Duly authorised

5



PART B ­ OTHER INFORMATION
1
LISTING AND ADMISSION TO TRADING APPLICATION
(i)
Listing and admission to trading:
Application has been made for the Notes to be
listed on the official list of, and admitted to trading
on the Regulated Market of the Luxembourg Stock
Exchange with effect from the Issue Date.

The Tranche 1 Notes, the Tranche 2 Notes, the
Tranche 3 Notes, the Tranche 4 Notes, the Tranche
5 Notes, the Tranche 6 Notes, the Tranche 7 Notes
and the Tranche 8 Notes are already listed and
admitted to trading on the Luxembourg Stock
Exchange.

(ii) Estimate of total expenses related to

admission to trading:
EUR 400
2
RATINGS
Ratings:
The Notes to be issued are expected to be rated:
S&P:A
Moody's:Aa3
Fitch Ratings: A+
S&P, Moody's and Fitch Ratings are established in
the European Union and registered under
Regulation (EC) No 1060/2009 as amended by
Regulation
(EC) N°513/2011 (the "CRA
Regulation").
As such, S&P, Moody's and Fitch Ratings are
included in the list of credit rating agencies
published by the European Securities and Markets
Authority on its website in accordance with the
CRA Regulation.
3
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save as discussed in "Subscription and Sale" in the Base Prospectus, so far as the Issuer is aware, no
person involved in the offer of the Notes has an interest material to the issue.
4
REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES
(i) Reasons for the offer:
See "Use of Proceeds" wording in the Base
Prospectus.
(ii) Estimated net proceeds:
EUR
50,594,638.89
(including the amount
corresponding to accrued interest)
(iii) Estimated total expenses:
Not Applicable
6



5
HISTORIC INTEREST RATES
Details of historic EURIBOR can be obtained from Reuters.

6
OPERATIONAL INFORMATION
ISIN Code:
The temporary ISIN Code is XS1114587154 until
the Exchange Date, XS1046498157 thereafter.
Common Code:
The temporary Common Code is 111458715 until
the Exchange Date, 104649815 thereafter.
Any clearing system(s) other than Euroclear Bank
S.A./N.V. and Clearstream Banking, société
anonyme and the relevant identification number(s):
Not Applicable
Delivery:
Delivery against payment
Names and addresses of additional Paying Agent(s)
(if any):
Not Applicable
Intended to be held in a manner which would allow
Yes.
Eurosystem eligibility:
Note that the designation "yes" simply means that
the Notes are intended upon issue to be deposited
with one of the International Central Securities
Depositories (i.e. Euroclear Bank S.A./N.V. and
Clearstream Banking, société anonyme) as common
safekeeper and does not necessarily mean that the
Notes will be recognised as eligible collateral for
Eurosystem monetary policy and intra-day credit
operations by the Eurosystem either upon issue or at
any or all times during their life. Such recognition
will depend upon satisfaction of the Eurosystem
eligibility criteria.

7
DISTRIBUTION
(i)
Method of distribution:
Non-syndicated
(ii)
If syndicated:

(A)
Names of Managers:
Not Applicable
(B)
Stabilising Manager(s) if any:
Not Applicable
(iii)
If non-syndicated, name of Dealer:
Goldman Sachs International
(iv)
US Selling Restrictions (Categories of
Reg. S Compliance Category 2 applies to the Notes;
potential investors to which the Notes are
TEFRA D
offered):



7



Document Outline