ItalianoBond Banque Federative du Credit Mutuel 2.75% ( US06675GAF28 ) in USD
| Issuer | Banque Federative du Credit Mutuel | ||||||||||||||||||||||||||||||||||||||
| Market price | 100.70 % ▲ | ||||||||||||||||||||||||||||||||||||||
| Country |  France
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| ISIN code |
 US06675GAF28 ( in USD )
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| Interest rate | 2.75% per year ( payment 2 times a year) | ||||||||||||||||||||||||||||||||||||||
| Maturity | 14/10/2020 - Bond has expired | ||||||||||||||||||||||||||||||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 200 000 USD | ||||||||||||||||||||||||||||||||||||||
| Total amount | 1 000 000 000 USD | ||||||||||||||||||||||||||||||||||||||
| Cusip | 06675GAF2 | ||||||||||||||||||||||||||||||||||||||
| 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. The US06675GAF28 bond (CUSIP: 06675GAF2), a USD-denominated obligation issued from France by Banque Federative du Credit Mutuel ? the central body of the major French cooperative banking group Credit Mutuel ? carried a 2.75% interest rate, paid semi-annually, with a total issuance size of $1,000,000,000 and a minimum purchase size of $200,000, and was successfully redeemed at its 100% market price upon maturity on October 14, 2020, having received ratings of 'A' from Standard & Poor's and 'Aa3' from Moody's. |
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