Bond SG Émetteur 0% ( FRSG00013922 ) in EUR

Issuer SG Émetteur
Market price refresh price now   100 %  ⇌ 
Country  France
ISIN code  FRSG00013922 ( in EUR )
Interest rate 0%
Maturity 25/04/2028



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Detailed description SG Issuer is a leading provider of digital issuance and management solutions for securities, focusing on blockchain technology and digital assets.

A specific debt instrument, identified by its International Securities Identification Number (ISIN) FRSG00013922, commands attention within the European fixed-income market, with its issuer being SG Issuer, a dedicated financing vehicle commonly understood to be a subsidiary or special purpose entity linked to Société Générale S.A., one of France's largest and most prominent banking and financial services groups, known for its extensive global operations in retail banking, corporate and investment banking, and financial services, which leverages such entities to access diverse funding sources while benefiting from the parent group's robust credit profile. This particular bond, originating from France and denominated in Euros (EUR), stands out due to its distinctive characteristics, currently quoted at 100% of its par value on the market; crucially, the bond features a 0% interest rate, categorizing it as a zero-coupon bond, which means investors will not receive periodic interest payments throughout the bond's lifecycle, with the total return for a traditional zero-coupon instrument typically derived from the difference between its purchase price (often at a discount to par) and the full principal amount received upon its maturity on April 25, 2028, and given its zero-coupon nature, the reported "1" payment frequency exclusively refers to the single principal repayment at maturity, as there are no intermediate coupon distributions, implying that an investor purchasing at the current 100% market price would not realize a capital gain from the purchase price to par based on a simple zero-coupon mechanism, suggesting potential underlying structural features or specific market conditions driving this valuation, thus representing a direct financial obligation from a vehicle associated with a major European bank, offering a defined maturity date in EUR, tailored for investors seeking exposure to the French financial sector's funding activities, albeit without recurring income streams.