Bond Générale Société 0% ( GB00BFRNJ102 ) in GBP

Issuer Générale Société
Market price refresh price now   100 %  ▲ 
Country  France
ISIN code  GB00BFRNJ102 ( in GBP )
Interest rate 0%
Maturity 03/05/2029



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Detailed description Société Générale is a major French multinational banking and financial services corporation.

Financial Instrument Spotlight: Societe Generale Zero-Coupon Bond (ISIN: GB00BFRNJ102) This financial instrument analysis highlights a zero-coupon bond identified by its International Securities Identification Number (ISIN) GB00BFRNJ102, issued by the renowned French multinational investment bank and financial services company, Societe Generale. Societe Generale, headquartered in Paris, France, stands as one of the largest and oldest banks in France and a key player in the global financial landscape. With a rich history spanning over 150 years, the group offers a comprehensive range of financial services, including retail banking, corporate and investment banking, private banking, asset management, and financial services to corporate clients and individuals across various continents. Its robust international presence and diversified business model underscore its position as a significant issuer in capital markets, reflecting its deep integration into the global financial ecosystem. The bond in question is denominated in Great British Pounds (GBP) and features a distinctive structure as a zero-coupon instrument. This means that unlike traditional bonds, it does not pay periodic interest throughout its lifecycle. Instead, investors typically purchase zero-coupon bonds at a discount to their face value and receive the full principal amount upon maturity, with the investment return derived solely from this discount. However, this particular bond is currently trading at 100% of its par value on the market. With a stated interest rate of 0%, its current pricing implies a 0% yield to maturity if held until its redemption date of May 3, 2029. The singular "payment" associated with this instrument is therefore the principal repayment occurring solely at its maturity, aligning with its zero-coupon nature. Although issued by the France-based Societe Generale, the "GB" prefix in its ISIN signifies its registration within the United Kingdom's securities framework, indicating its availability and compliance within that specific market.