ItalianoBond BPCE 1.625% ( US05578DAE22 ) in USD
| Issuer | BPCE | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country |  France
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| ISIN code |
 US05578DAE22 ( in USD )
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| Interest rate | 1.625% per year ( payment 2 times a year) | ||||||
| Maturity | 10/02/2017 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 250 000 USD | ||||||
| Total amount | 750 000 000 USD | ||||||
| Cusip | 05578DAE2 | ||||||
| Standard & Poor's ( S&P ) rating | A ( Upper medium grade - Investment-grade ) | ||||||
| Moody's rating | A2 ( Upper medium grade - Investment-grade ) | ||||||
| Detailed description |
The second-largest banking group in France, comprising the Banque Populaire and Caisse d'Épargne networks. This financial analysis details a specific bond issuance, identified by ISIN US05578DAE22 and CUSIP 05578DAE2, originating from France and issued by BPCE. BPCE, a prominent French banking group, strategically leveraged the U.S. dollar market for this particular fixed-income instrument. The bond, which featured a coupon rate of 1.625% and paid interest semi-annually, was denominated in USD and constituted a total issuance size of $750,000,000. Investors were required to purchase a minimum of $250,000 of this offering. Of significant note, this bond reached its maturity date on February 10, 2017, and has subsequently been fully redeemed at its par value of 100%, indicating a successful repayment to bondholders. At the time of its relevance, the issuance was evaluated by leading credit rating agencies, receiving an 'A' rating from Standard & Poor's and an 'A2' rating from Moody's, reflecting its perceived credit quality within the market. |
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