Bond Générale Société S.A 0% ( XS2589256887 ) in USD

Issuer Générale Société S.A
Market price 100 %  ⇌ 
Country  France
ISIN code  XS2589256887 ( in USD )
Interest rate 0%
Maturity 19/02/2024 - Bond has expired



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Detailed description Société Générale S.A. is a major French multinational banking and financial services corporation headquartered in Paris.

A bond identified by the ISIN XS2589256887, issued by Société Générale S.A., has successfully matured and been redeemed on February 19, 2024. This debt instrument, issued in France and denominated in US Dollars, was characterized by a 0% interest rate, positioning it as a zero-coupon bond. Despite its zero-coupon nature, the bond featured a stated payment frequency of two, potentially indicating a structure involving semi-annual principal amortizations or other non-interest related disbursements prior to its final redemption at 100% of its face value. Société Générale S.A., the issuer, is a leading French multinational investment bank and financial services company headquartered in Paris, recognized as one of the oldest and largest banks in France. The bank provides a comprehensive range of services including retail banking, corporate and investment banking, and insurance, and its debt issuances typically reflect its robust financial standing in the global market, exemplified by the orderly redemption of this obligation.