Bond Agence Française du Développement 0% ( FR0128297035 ) in EUR

Issuer Agence Française du Développement
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0128297035 ( in EUR )
Interest rate 0%
Maturity 19/02/2024 - Bond has expired



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Detailed description The Agence Française de Développement (AFD) is a public institution that finances development projects in developing countries and French overseas territories, focusing on sustainable development, climate action, and global governance.

The financial instrument identified by ISIN code FR0128297035, a bond issued by the Agence Française de Développement, has successfully concluded its lifecycle. This particular obligation, denominated in Euro (EUR) and originating from France, reached its stipulated maturity date on February 19, 2024. Noteworthy for its 0% interest rate, this zero-coupon bond, which entails no periodic interest payments, was fully redeemed at 100% of its nominal value upon maturity, ensuring the return of principal to its bondholders. The Agence Française de Développement (AFD), the issuer of this bond, is a prominent public financial institution central to France's international development policy. Its mandate involves financing and supporting projects that aim to enhance living conditions, foster economic growth, and preserve global ecosystems across various sectors in developing countries and overseas territories. With a global presence and a commitment to sustainable development and international solidarity, AFD plays a crucial role in implementing France's external development initiatives. The successful redemption of this bond underscores the issuer's financial stability and its adherence to its debt obligations.