Bond Banque Fédérale du Crédit Mutuel 0% ( XS1069617949 ) in EUR

Issuer Banque Fédérale du Crédit Mutuel
Market price 100 %  ⇌ 
Country  France
ISIN code  XS1069617949 ( in EUR )
Interest rate 0%
Maturity 22/05/2017 - Bond has expired



Prospectus brochure of the bond Banque Federative du Credit Mutuel XS1069617949 in EUR 0%, expired


Minimal amount 100 000 EUR
Total amount 1 097 000 000 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 XS1069617949, pays a coupon of 0% per year.
The coupons are paid 1 time per year and the Bond maturity is 22/05/2017








FINAL TERMS dated 27 August 2015

BANQUE FÉDÉRATIVE DU CRÉDIT MUTUEL
Euro 45,000,000,000 Euro Medium Term Note Programme (the "Programme")
Series No: 386
Tranche No: 6
Issue of EUR 120,000,000 Floating Rate Notes due May 2017 (the "Notes")

to be consolidated and form a single series with the
EUR 300,000,000 Floating Rate Notes due May 2017 issued as Tranche 1 of Series 386 on 22 May 2014 (the
"Tranche 1 Notes"), the
EUR 52,000,000 Floating Rate Notes due May 2017 issued as Tranche 2 of Series 386 on 20 March 2015 (the
"Tranche 2 Notes"), the
EUR 250,000,000 Floating Rate Notes due May 2017 issued as Tranche 3 of Series 386 on 29 May 2015 (the
"Tranche 3 Notes"), the
EUR 233,000,000 Floating Rate Notes due May 2017 issued as Tranche 4 of Series 386 on 1 June 2015 (the
"Tranche 4 Notes"), and the
EUR 12,000,000 Floating Rate Notes due May 2017 issued as Tranche 5 of Series 386 on 2 June 2015 (the
"Tranche 5 Notes")
under the Programme
Issued by
Banque Fédérative du CréditMutuel
Dealer
Société Générale Corporate and Investment Banking

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 of 4
November 2003 on the prospectus to be published when securities are offered to the public or admitted to
trading, as amended (the "Prospectus Directive") and must be read in conjunction with the Base Prospectus
dated 5 June 2015 which received visa no. 15-258 on 5 June 2015 from the AMF (the "Current Base
Prospectus").as supplemented by the first supplement dated 11 August 2015 which received visa no. 15-446 on
11 August 2015 from the AMF (the "First Supplement"), 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
supplements to the Current Base Prospectus which are available for viewing at Banque Fédérative du Crédit

1



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:

386
(ii)
Tranche Number:

6
(iii) Date on which the Notes become

The Notes will be consolidated, form a single
fungible:
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 immediately upon their issue and
such Notes will be consolidated, form a single
series 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 initially
representing the Notes on issue as referred to in
paragraph 27 (ii) below which is expected to
occur on or about 9 October 2015 (the "Exchange
Date")
3 Specified Currency:

Euro ("EUR")
4 Aggregate Nominal Amount:


(i)
Series:

EUR 967,000,000
(ii)
Tranche:

EUR 120,000,000
5 Issue Price:

100.641 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 EUR
12,133.33
6 (i)
Specified Denominations:

EUR 100,000
(ii)
Calculation Amount:

EUR 100,000
7 (i)
Issue Date:

31 August 2015
(ii)
Interest Commencement Date:

24 August 2015
8 Maturity Date:

22 May 2017
9 Interest Basis:

3-month EURIBOR+ 0.55 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 cent. of their nominal amount.

2



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 24
Notes obtained:
August 2015, acting pursuant to the resolution of
the Board of Directors passed on
26 February 2015.

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14 Fixed Rate Note Provisions:

Not Applicable
15 Resettable Fixed Rate Note Provisions:

Not Applicable
16 Floating Rate Note Provisions:

Applicable
(i)
Interest Period(s):

As per the Conditions
(ii)
Specified Interest Payment Dates:

22 February, 22 May, 22 August and
22 November 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 22 November 2015
(iv)
Interest Period Date:

Not Applicable
(v)
Business Day Convention:

Modified Following Business Day Convention
(vi)
Business Centre:

Not Applicable
(vii) Manner in which the Rate(s) of Interest

Screen Rate Determination
and Interest Amount 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:



­ 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):

+0.55per cent. per annum
(xiii) Minimum Rate of Interest:

Not Applicable
(xiv) Maximum Rate of Interest:

Not Applicable
(xv) Day Count Fraction:

Actual/360
17 Zero Coupon Note Provisions:

Not Applicable
18 TEC 10 Linked Note Provisions :

Not Applicable

3



19 Inflation Linked Interest Notes Provisions:

Not Applicable
20 Inflation Linked Range Accrual Note

Not Applicable
Provisions:
21 CMS Linked Note Provisions:

Not Applicable
22 Range Accrual Note Provisions:

Not Applicable
PROVISIONS RELATING TO REDEMPTION
23 Issuer Call Option:

Not Applicable
24 Noteholder Put Option:

Not Applicable
25 Final Redemption Amount:

EUR 100,000 per Calculation Amount
Inflation Linked Notes ­ Provisions relating to

Not Applicable
the Final Redemption Amount:
26
Early Redemption Amount:


(i)
Early Redemption Amount(s) of each

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

No
permitted on days other than Specified
Interest Payment Dates:
(iii) Unmatured Coupons to become void

Yes
upon early redemption :
GENERAL PROVISIONS APPLICABLE TO THE NOTES
27
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
28
Financial Centre(s):

Not Applicable
29
Talons for future Coupons or Receipts to be No
attached to Definitive Notes (and dates on
which such Talons mature):
30
Details relating to Instalment Notes:

Not Applicable
31
Redenomination provisions:

Not Applicable
32
Consolidation provisions:

Not Applicable
33
Purchase in accordance with Article L.213-1 Applicable
A and D.213-1 A of the French Code
monétaire et financier:
34
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 and the
Tranche 5 Notes are already listed and admitted to
trading on the Luxembourg Stock Exchange.
(ii) Estimate of total expenses related to admission EUR 860
to trading:

2 RATINGS
Ratings:

The Notes to be issued are expected to be rated:
S&P: A
Moody's: Aa2
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 120,781,333.33 (including the amount
corresponding to accrued interest)

6



(iii) Estimated total expenses:

Not Applicable

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

6 OPERATIONALINFORMATION
ISIN Code:
The temporary ISIN Code is XS1282755179 until
the Exchange Date; XS1069617949 thereafter.
Common Code:
The temporary Common Code is 128275517 until
the Exchange Date; 106961794 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:
Société Générale
(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