ItalianoBond PARIS CITY 1.72% ( FR0013357092 ) in EUR
| Issuer | PARIS CITY |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 FR0013357092 ( in EUR )
|
| Interest rate | 1.72% per year ( payment 1 time a year) |
| Maturity | 23/08/2047 - Bond has expired |
|
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| Minimal amount | 100 000 EUR |
| Total amount | 25 000 000 EUR |
| Detailed description |
Paris, the capital of France, is a globally significant city renowned for its culture, history, fashion, gastronomy, and architecture. This financial article examines a specific bond issuance by the City of Paris, identified by ISIN FR0013357092. The City of Paris, as the capital and a major municipal authority in France, represents a significant issuer in the public debt market, leveraging such instruments to finance its extensive urban development, infrastructure, and public service initiatives; its obligations are typically underpinned by a robust economic base and taxation capacity. This particular fixed-income instrument, denominated in EUR, was issued with a total size of EUR 25,000,000 and specified a minimum purchase size of EUR 100,000. It carried an annual interest rate of 1.72%, with payments made annually. While initially established with a maturity date of August 23, 2047, this bond has now reached its full term, and consistent with its terms, it has been successfully redeemed at 100% of its principal value, resulting in the return of invested capital to bondholders and signifying the complete fulfillment of this debt obligation by the City of Paris, the issuing entity from France. |