Bond Générale Société 0% ( FRSG00011D00 ) in EUR

Issuer	Générale Société
Market price	100 % ▼
Country	France
ISIN code	FRSG00011D00 ( in EUR )
Interest rate	0%
Maturity	13/01/2031
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Minimal amount	1 000 EUR
Total amount	30 000 000 EUR
Detailed description	Société Générale is a major French multinational banking and financial services corporation. A financial instrument, specifically identified as a bond, bearing the ISIN code FRSG00011D00, is currently observed in the market, having been issued by Societe Generale. This particular issuance originates from France and is denominated in Euros. Societe Generale, a prominent French multinational banking and financial services company headquartered in Paris, stands as one of the oldest and largest banks in France and a significant global financial institution. Established in 1864, it offers a comprehensive range of services including retail banking, corporate and investment banking, financial services, and insurance, serving millions of clients worldwide. Its extensive operations and diversified activities make its financial instruments key considerations for both institutional and retail investors. This bond is currently reported to be trading at 100% of its nominal value on the market. A defining characteristic of this security is its 0% interest rate, which designates it as a zero-coupon bond. Unlike conventional bonds that provide periodic interest payments, zero-coupon bonds do not distribute regular coupons. Typically, investors acquire such instruments at a discount to their face value, with the return implicitly earned through the capital appreciation to the par value at maturity. However, with the current market price reported at 100%, this implies that, if purchased at this price and held until maturity, the bond would not generate a yield from coupon payments or capital appreciation from a discount, unless acquired below this price in the secondary market. This structure could serve specific balance sheet management objectives for the issuer or particular investment strategies for the buyer, such as meeting specific future liabilities without reinvestment risk. The total size of this bond issuance is substantial, amounting to 30,000,000 EUR, representing a notable offering in the debt market. The minimum purchase size for this bond is set at 1,000 EUR, enhancing its accessibility to a broad range of investors. The bond is scheduled to mature on January 13, 2031. While a payment frequency of '1' is indicated, for a zero-coupon instrument, this predominantly refers to the single principal repayment made to the investor upon the bond's maturity date.