Bond RCI Bank S.A. 0% ( US749343AB54 ) in USD

Issuer RCI Bank S.A.
Market price 100 %  ⇌ 
Country  France
ISIN code  US749343AB54 ( in USD )
Interest rate 0%
Maturity 11/04/2016 - Bond has expired



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Detailed description RCI Banque S.A. is a French bank specializing in automotive financing and insurance, primarily serving the Renault-Nissan-Mitsubishi Alliance and other automotive manufacturers.

This financial instrument, identified as a bond under ISIN US749343AB54, was issued by RCI Banque S.A., the automotive financial services arm of the global Renault-Nissan-Mitsubishi Alliance, headquartered in France, which provides a comprehensive range of financing and services to customers and dealer networks worldwide. The bond, denominated in USD, was originally structured with a 0% interest rate, indicating it was a zero-coupon instrument, and despite a reported coupon payment frequency of 2 (semi-annually), no periodic interest payments were made. It reached its maturity date on April 11, 2016, at which point its market price was recorded at 100% of its nominal value, signifying that the obligation was fully redeemed.