Bond Générale Société 0% ( US83369FG765 ) in USD
Issuer | Générale Société |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 30/08/2029 |
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Minimal amount | 1 000 USD |
Total amount | / |
Cusip | 83369FG76 |
Detailed description |
Société Générale is a major French multinational banking and financial services corporation. Market Overview: Societe Generale's USD-Denominated Zero-Coupon Bond (ISIN US83369FG765) Investors are currently evaluating a distinctive debt instrument issued by Societe Generale, identified by ISIN US83369FG765 and CUSIP 83369FG76. This specific bond, denominated in United States Dollars (USD), presents unique characteristics as a zero-coupon obligation. Societe Generale, a prominent French multinational banking and financial services company headquartered in Paris, France, stands as one of Europe's oldest and largest financial institutions; established in 1864, the bank offers a comprehensive range of services including retail banking, corporate and investment banking, financial services, and insurance, with its extensive global presence and established reputation in the financial markets underpinning the offerings it brings to the debt capital markets. Originating from France, this bond is currently trading on the secondary market at 94.6% of its par value, with a defining feature of this obligation being its zero-coupon structure, meaning it carries an annual interest rate of 0%, consequently, investors' returns are realized solely from the difference between the discounted purchase price and the full face value received upon its maturity date of August 30, 2029. While a zero-coupon bond by definition does not make periodic interest payments, its associated payment frequency is indicated as 2, a common parameter used in yield calculations, typically implying a semi-annual basis, and the minimum purchase size for this bond is set at 1,000 units, making it accessible to a range of investors, with the current market price below par value reflecting the inherent discount at which investors acquire the bond to achieve their yield-to-maturity, given the absence of interim coupon payments. |