ItalianoBond Banque Federative du Credit Mutuel 1.7% ( US06675GAE52 ) in USD
| Issuer | Banque Federative du Credit Mutuel | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country |  France
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| ISIN code |
 US06675GAE52 ( in USD )
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| Interest rate | 1.7% per year ( payment 2 times a year) | ||||||
| Maturity | 20/01/2017 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 200 000 USD | ||||||
| Total amount | 500 000 000 USD | ||||||
| Cusip | 06675GAE5 | ||||||
| Standard & Poor's ( S&P ) rating | A ( Upper medium grade - Investment-grade ) | ||||||
| Moody's rating | Aa3 ( High grade - Investment-grade ) | ||||||
| Detailed description |
Crédit Mutuel's banking operations are conducted through a network of regional banks, each with its own distinct legal identity but operating under the Crédit Mutuel brand and overall group structure. This USD-denominated bond, identified by ISIN US06675GAE52 and CUSIP 06675GAE5, was an issuance from France by Banque Federative du Credit Mutuel (BFCM), the central body of the Crédit Mutuel Group and a major French cooperative banking institution holding strong credit ratings of 'A' from Standard & Poor's and 'Aa3' from Moody's, initially offered at a market price of 100% with a 1.7% interest rate paid semi-annually, representing a total issue size of $500,000,000 with a minimum purchase size of $200,000, which duly matured and was fully reimbursed on January 20, 2017. |
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