ItalianoBond DEXIAX 0% ( XS1583027567 ) in GBP
| Issuer | DEXIAX |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 XS1583027567 ( in GBP )
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| Interest rate | 0% |
| Maturity | 15/03/2018 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| Detailed description |
Dexia was a Franco-Belgian multinational banking group that collapsed in 2011 due to substantial losses from structured finance and sovereign debt. The financial instrument, a bond identified by ISIN code XS1583027567, has been fully reimbursed upon reaching its maturity date, marking the completion of its lifecycle within the portfolio of its French issuer, DEXIA. DEXIA, formerly a significant Franco-Belgian banking group with a core focus on public and local authority financing, underwent a comprehensive orderly resolution process following the 2008 financial crisis, leading to a managed wind-down of its operations and assets. This particular bond, issued from France, matured on March 15, 2018, and was reported to be at 100% of its nominal value on the market at the time of its reimbursement. Denominated in British Pounds (GBP), the security featured a 0% interest rate and was structured with an annual payment frequency (frequency 1), consistent with its specific terms. Its successful repayment, confirmed by its matured and reimbursed status, aligns with the systematic unwinding of the issuer's legacy obligations. |