Obbligazione Banque Fédérale du Crédit Mutuel 0% ( XS1278612186 ) in EUR

Emittente Banque Fédérale du Crédit Mutuel
Prezzo di mercato 100 EUR  ⇌ 
Paese  Francia
Codice isin  XS1278612186 ( in EUR )
Tasso d'interesse 0%
Scadenza 21/08/2017 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione BANQUE FEDERATIVE DU CREDIT MUTUEL XS1278612186 in EUR 0%, scaduta


Importo minimo 100 000 EUR
Importo totale 500 000 000 EUR
Descrizione dettagliata La Banque Fédérative du Crédit Mutuel è l'istituzione centrale del gruppo Crédit Mutuel, responsabile della gestione delle attività comuni e della supervisione delle banche locali.

The Obbligazione issued by Banque Fédérale du Crédit Mutuel ( France ) , in EUR, with the ISIN code XS1278612186, pays a coupon of 0% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 21/08/2017







FINAL TERMS dated 26 August 2015


BANQUE FÉDÉRATIVE DU CRÉDIT MUTUEL
Euro 45,000,000,000 Euro Medium Term Note Programme (the "Programme")
Series No: 417
Tranche No: 2
Issue of EUR 50,000,000 Floating Rate Notes due August 2017 (the "Notes")
to be consolidated and form a single series with the EUR 250,000,000 Floating Rate Notes due
August 2017 issued as Tranche 1 of Series 417 on 21 August 2015 (the "Existing Notes")
under the Programme
Issued by
Banque Fédérative du Crédit Mutuel

UBS Limited

PART A ­ CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth
in the Base Prospectus dated 5 June 2015 which received visa no. 15-258 from the Autorité des
marchés financiers (the "AMF") on 5 June 2015 as supplemented by the First Supplement to the Base
Prospectus dated 11 August 2015 which received visa no.15-446 from the AMF on 11 August 2015,
which together constitute a base prospectus for the purposes 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"). This document constitutes the Final Terms of the
Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in
conjunction with such Base Prospectus as so supplemented. Full information on the Issuer and the
offer of the Notes is only available on the basis of the combination of these Final Terms and the Base
Prospectus as so supplemented. The Base Prospectus, the First Supplement to the Base Prospectus and
the Final Terms 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 website of the Luxembourg Stock Exchange website
www.bourse.lu.

1.
Issuer:

Banque Fédérative du Crédit Mutuel
2.
(i)
Series Number:

417

(ii)
Tranche Number:

2

(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 Existing Notes







immediately on the Issue Date and all such
Notes will be consolidated on or about the
exchange date of the Temporary Global
Notes for interest in the Permanent Global
Notes, as referred to in paragraph 27 (ii)
below which is expected to occur on or about
6 October 2015 (the "Exchange Date").
3.
Specified Currency:

Euro ("EUR")
4.
Aggregate Nominal Amount:



(i)
Series:

EUR 300,000,000

(ii)
Tranche:

EUR 50,000,000
5.
Issue Price:

100.00082 per cent. of the Aggregate
Nominal Amount of this Tranche plus an
amount equal to EUR 1,662.50
corresponding to accrued interest on such
Aggregate Nominal Amount from, and
including, the Interest Commencement Date
to, but excluding, the Issue Date.
6.
(i)
Specified Denominations:

EUR 100,000

(ii)
Calculation Amount:

EUR 100,000
7.
(i)
Issue Date:

28 August 2015

(ii)
Interest Commencement Date:

21 August 2015
8.
Maturity Date:

21 August 2017
9.
Interest Basis:

3-month EURIBOR + 0.20 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 on
the Maturity Date.
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
Decision of Mr Christian Klein dated
of Notes obtained:
21 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 Date Note Provisions:
Not Applicable


2




16. Floating Rate Note Provisions:
Applicable

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

(ii)
Specified Interest Payment Dates:
21 August, 21 November, 21 February and
21 May 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 21 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 Screen Rate Determination
Interest and Interest Amount are to
be determined:

(viii) Party responsible for calculating Not Applicable
the 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):
+0.20 per 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. TEC10 Linked Note Provisions:
Not Applicable
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


3




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
26. Early Redemption Amount


(i)
Early Redemption Amount(s) of EUR 100,000 per Calculation Amount
each 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 Yes
void
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 Temporary Global Note exchangeable for a
Note:
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 No
be 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 Applicable
L.213-1 A and D.213-1 A of the French
Code monétaire et financier:
34. Any applicable currency disruption:
Not Applicable


RESPONSIBILITY
The Issuer accepts responsibility for the information contained in these Final Terms.


4




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 by the Issuer (or
on its behalf) for the Notes to be listed on the
Official List of, and to be admitted to trading
on the Regulated Market of the Luxembourg
Stock Exchange with effect from 28 August
2015.
The Existing Notes are already listed and
admitted to trading on the Luxembourg Stock
Exchange.

(ii)
Estimate of total expenses related EUR 480
to admission 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 50,002,072.49 (including the amount
corresponding to accrued interest)

(iii)
Estimated total expenses:
Not Applicable
5.
HISTORIC INTEREST RATES

Details of historic EURIBOR rates can be obtained from Reuters.
6.
OPERATIONAL INFORMATION


6





ISIN Code:
XS1278612186

Common Code:
127861218

Any clearing system(s) other than Not Applicable
Euroclear Bank S.A./N.V. and
Clearstream Banking, société anonyme
and the relevant identification number(s):

Delivery:
Delivery against payment

Names and addresses of additional Paying Not Applicable
Agent(s) (if any):

Intended to be held in a manner which Yes.
would allow 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 Not Applicable
any:

(iii)
If non-syndicated, name of Dealer: UBS Limited

(iv)
US Selling Restrictions
Reg. S Compliance Category 2 applies to the
(Categories of potential investors
Notes;
to which the Notes are offered):
TEFRA D






7