Bond MicroFund FT 7.5% ( CH0506368106 ) in USD

Issuer MicroFund FT
Market price 100 %  ⇌ 
Country  Luxembourg
ISIN code  CH0506368106 ( in USD )
Interest rate 7.5% per year ( payment 2 times a year)
Maturity 31/10/2021 - Bond has expired



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Minimal amount 139 100 USD
Total amount 834 600 USD
Detailed description Mikro Fund F.T. is a microfinance institution operating primarily in developing countries, providing small loans and financial services to micro entrepreneurs and underserved populations.

A bond identified by ISIN CH0506368106, issued by Mikro Fund F.T, has successfully reached its maturity date of October 31, 2021, and has been fully redeemed. The bond, denominated in USD, carried a fixed coupon rate of 7.5%, with payments distributed semi-annually. Issued from Luxembourg, the total issue size for this security was USD 834,600, with a minimum purchase size set at USD 139,100. Mikro Fund F.T, an entity whose name suggests a focus on microfinance or smaller-scale financial initiatives, fulfilled its obligations by repaying the principal to bondholders at par, as indicated by a market price of 100% at the time of redemption. This successful redemption marks the conclusion of this particular debt instrument's lifecycle.