Bond Arkea Crédit Mutuel 0% ( FR0127922765 ) in EUR

Issuer Arkea Crédit Mutuel
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0127922765 ( in EUR )
Interest rate 0%
Maturity 29/09/2023 - Bond has expired



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Detailed description Ark A is a passively managed exchange-traded fund (ETF) that tracks the MSCI ACWI IMI index, offering broad global market exposure.

The bond, identified by ISIN FR0127922765, recently reached its maturity and was fully repaid. This financial instrument was issued by Crédit Mutuel Arkéa, a significant and diversified French cooperative banking group. Operating as a distinct entity within the broader Crédit Mutuel system, Arkéa maintains a strong regional presence, primarily in Brittany and the South-West of France, providing a comprehensive range of banking, financial, and insurance services to individuals, professionals, and businesses while upholding its cooperative values. Denominated in EUR and issued in France, this particular bond carried a 0% interest rate and had a maturity date of September 29, 2023. While the payment frequency was indicated as 1, this pertains to the singular principal repayment given the 0% interest rate and its redemption at 100% of its nominal value, which was the reported market price at or leading up to its maturity. Its successful repayment underscores the issuer's adherence to its debt obligations.