FrançaisBond ICREA Bank 1% ( IT0005068017 ) in EUR
| Issuer | ICREA Bank |
| Market price | 100 % ⇌ |
| Country |  Italy
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| ISIN code |
 IT0005068017 ( in EUR )
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| Interest rate | 1% per year ( payment 1 time a year) |
| Maturity | 01/12/2019 - 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 | 1 000 EUR |
| Total amount | 13 000 000 EUR |
| Detailed description |
ICCREA Banca is a leading Italian banking group focused on providing financial services to individuals and businesses, particularly in the cooperative sector. An Italian-issued bond (ISIN: IT0005068017) from Iccrea Banca has successfully reached its maturity and been fully redeemed, confirming its complete repayment to investors. This Euro-denominated fixed-income instrument, carrying an annual coupon rate of 1%, matured on December 1, 2019, at which point it was redeemed at its 100% par value. The initial total issuance size for this bond was ?13,000,000, with a minimum investment threshold set at ?1,000. The issuer, Iccrea Banca, is the central institution of the Iccrea Cooperative Banking Group, which stands as Italy's largest cooperative banking network. Iccrea Banca plays a pivotal role in providing financial and banking services to its extensive network of member cooperative banks and their clientele throughout Italy, underpinning the group's operations and market presence. The timely redemption of this bond underscores the standard lifecycle of a fixed-income security reaching its scheduled conclusion. |