ItalianoBond Banque Fédérale du Crédit Mutuel 0% ( FR0128345529 ) in EUR
| Issuer | Banque Fédérale du Crédit Mutuel |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 FR0128345529 ( in EUR )
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| Interest rate | 0% |
| Maturity | 29/07/2024 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| Detailed description |
Crédit Mutuel's banking operations are conducted through a network of regional banks, each with its own distinct legal identity but operating under the Crédit Mutuel brand and overall group structure. This financial article details a recently matured debt instrument, identified by ISIN FR0128345529. The bond was issued by Banque Fédérative du Crédit Mutuel (BFCM), a prominent entity within the Crédit Mutuel group, which stands as one of France's largest and most established cooperative banking networks. BFCM serves as the group's central financial institution and a primary funding vehicle, playing a crucial role in its operational stability and market presence. Issued in France and denominated in EUR, this particular bond featured a 0% interest rate, indicating its structure as a zero-coupon instrument or that its coupon payments, if any, effectively yielded zero by maturity, and was quoted at 100% of its nominal value on the market, signifying redemption at par. With a defined maturity date of July 29, 2024, and a payment frequency of 1, this obligation has successfully reached its full term and the principal amount has been entirely repaid to its holders. |