Bond RCI Bank Obligations 3.375% ( FR00140106Z3 ) in EUR

Issuer	RCI Bank Obligations
Market price	98.37 % ▼
Country	France
ISIN code	FR00140106Z3 ( in EUR )
Interest rate	3.375% per year ( payment 1 time a year)
Maturity	04/06/2030
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Minimal amount	/
Total amount	500 000 000 EUR
Next Coupon	06/06/2026 ( In 42 days )
Detailed description	RCI Banque bonds are debt securities issued by RCI Banque, the captive financing arm of Renault Group, offering investors a fixed income stream with varying maturities and credit ratings. A notable debt instrument available in the European fixed-income market is the bond identified by ISIN FR00140106Z3, issued by RCI Banque, the financial services group for the global Renault-Nissan-Mitsubishi Alliance, which functions as a specialized financial institution pivotal in providing funding and services for the sales and operations of these major automotive brands. Originating from France, this particular bond is denominated in Euros (EUR) and features an annual interest rate, or coupon, of 3.375%. With a substantial total issue size of ?500,000,000, the bond is scheduled to mature on June 4, 2030, and offers an annual payment frequency, with its current market price observed at 99.63% of its nominal value.