Bond AgriCredit International 0% ( US22533A6X00 ) in USD

Issuer AgriCredit International
Market price 100 %  ▼ 
Country  France
ISIN code  US22533A6X00 ( in USD )
Interest rate 0%
Maturity 15/06/2023 - Bond has expired



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Minimal amount 1 000 USD
Total amount /
Cusip 22533A6X0
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
Detailed description Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, offering a range of financial services to corporations, institutions, and governments globally.

This financial analysis details a specific fixed-income instrument, identified by ISIN US22533A6X00 and CUSIP 22533A6X0, issued by Credit Agricole Corporate and Investment Bank (CIB). Credit Agricole CIB, the corporate and investment banking arm of the Credit Agricole Group, stands as one of France's preeminent financial institutions with a substantial global footprint, providing a comprehensive range of financial services to corporate clients, financial institutions, and public sector entities worldwide. This particular bond, denominated in USD despite originating from France, recently concluded its lifecycle, reaching its maturity date on June 15, 2023, and has since been fully repaid. A defining characteristic of this bond was its 0% interest rate, classifying it as a zero-coupon instrument. Unlike conventional bonds that distribute periodic interest payments, zero-coupon bonds are typically sold at a discount to their face value, with the investor's return realized as the difference between the purchase price and the full par value received at maturity; the reported 100% market price at maturity confirms its principal restitution. The bond was accessible with a minimum purchase size of 1000 units. While the provided data indicated a payment frequency of '2,' commonly signifying semi-annual payments, this attribute is atypical for a zero-coupon bond, where the entire principal, along with any accrued interest derived from the initial discount, is disbursed as a single lump sum upon the bond's maturity.