Bond MicroFund FT 7.5% ( CH0589339073 ) in EUR

Issuer	MicroFund FT
Market price	100 % ⇌
Country	Luxembourg
ISIN code	CH0589339073 ( in EUR )
Interest rate	7.5% per year ( payment 1 time a year)
Maturity	28/12/2023 - Bond has expired
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Minimal amount	125 000 EUR
Total amount	2 000 000 EUR
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. The bond identified by ISIN CH0589339073, issued by Mikro Fund F.T, a financial entity headquartered in Luxembourg, has successfully reached its maturity and been fully redeemed. This Euro-denominated debt instrument, which carried an annual interest rate of 7.5%, concluded its lifecycle on December 28, 2023, with its redemption at 100% of its par value. The total issuance size of this bond was 2,000,000 EUR, with a minimum purchase size set at 125,000 EUR, and interest payments were distributed annually to bondholders throughout its term, ensuring a consistent return on investment until its scheduled maturity and subsequent principal repayment.