ItalianoBond Générale Société 1.261% ( US83368WCQ24 ) in USD
| Issuer | Générale Société |
| Market price | 97.1 % ▼ |
| Country |  France
|
| ISIN code |
 US83368WCQ24 ( in USD )
|
| Interest rate | 1.261% per year ( payment 2 times a year) |
| Maturity | 01/05/2023 - Bond has expired |
|
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|
| Minimal amount | 1 000 USD |
| Total amount | 1 000 000 USD |
| Cusip | 83368WCQ2 |
| Detailed description |
Société Générale is a major French multinational banking and financial services corporation. This financial brief examines the characteristics and final status of a recently matured debt instrument, identified by its ISIN US83368WCQ24 and CUSIP 83368WCQ2, which was issued by Societe Generale. Societe Generale, a prominent French multinational investment bank and financial services company headquartered in Paris, France, stands as one of the oldest and largest banks in the country, boasting a comprehensive global presence across retail banking, corporate and investment banking, financial services, and insurance. The bond, a fixed-income security issued from France and denominated in USD, had an original total issue size of 1,000,000 units, with a minimum purchase size set at 1,000 units. Historically, it featured an interest rate of 1.261% and was designed for a payment frequency of two times per year, implying semi-annual coupon distributions. While its market price was observed at 97.1% at certain points during its lifespan, its definitive characteristic as of May 1, 2023, is its full maturity; as of that date, this obligation reached its scheduled maturity and has subsequently been repaid in full, concluding its life cycle as an outstanding financial instrument. |