ItalianoBond Générale Société 0% ( FR0013495991 ) in EUR
| Issuer | Générale Société | ||
| Market price |  100 % ▼ |
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| Country |  France
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| ISIN code |
 FR0013495991 ( in EUR )
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| Interest rate | 0% | ||
| Maturity | 08/05/2030 | ||
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| Minimal amount | 1 000 EUR | ||
| Total amount | 30 000 000 EUR | ||
| Detailed description |
Société Générale is a major French multinational banking and financial services corporation. A recent financial instrument gaining market attention is a bond issued by Societe Generale, detailed by its ISIN code FR0013495991. This particular bond, issued out of France, carries a maturity date of May 8, 2030, offering investors a long-term exposure to the issuer. Denominated in Euros (EUR), the bond is currently trading at 100% of its par value on the market. A distinct characteristic of this offering is its stated interest rate of 0%, indicating it functions as a zero-coupon bond where no periodic interest payments are made, with the return for investors typically derived from the difference between the purchase price and the par value at maturity. The total size of this bond issue amounts to 30,000,000 EUR, with a minimum investment threshold set at 1,000 EUR. The stated payment frequency is 1, which in the context of a zero-coupon bond refers to the single principal repayment at maturity. The issuer, Societe Generale, stands as a prominent global financial services company with a rich history, headquartered in Paris, France. As one of Europe's largest banks, Societe Generale provides a wide range of services, including retail banking, corporate and investment banking, financial services, insurance, and private banking. Its extensive network and diversified activities underpin its position as a key player in the international financial landscape, serving millions of individual, professional, and corporate clients worldwide. The issuance of such bonds is a standard practice for large financial institutions like Societe Generale for various purposes, including funding operations, managing liquidity, and optimizing their capital structure. This bond, therefore, represents a direct obligation of Societe Generale, offering a specific investment profile to market participants. Its zero-coupon nature, coupled with its current par trading price and the backing of a major French banking institution, positions it as a particular option within the fixed-income market for investors seeking long-term exposure to a credit-worthy issuer without periodic interest distributions, instead receiving the full principal repayment upon its 2030 maturity. |
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