Bond Arkea Crédit Mutuel 0% ( FR0128323393 ) in EUR

Issuer Arkea Crédit Mutuel
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0128323393 ( in EUR )
Interest rate 0%
Maturity 07/05/2024 - 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 financial markets recently observed the maturity and subsequent reimbursement of a specific bond, identified by its ISIN code FR0128323393, which was issued by Crédit Mutuel Arkéa, a prominent French mutualist banking and insurance group headquartered in Le Relecq-Kerhuon, Brittany, operating as a distinct federation within the broader Crédit Mutuel group, whose diversified activities span retail banking, insurance, asset management, and specialized financial services, serving a broad client base ranging from individuals and professionals to corporate entities across various regions, this particular debt instrument originating from France, being denominated in EUR, featuring a 0% interest rate indicative of a zero-coupon structure where the return to investors typically derives from a discount at issuance rather than recurring interest payments, and whose market price prior to its ultimate redemption stood at 100%, the bond having officially reached its maturity date on May 7, 2024, at which point it was fully reimbursed to its holders, thereby concluding its lifecycle.