Bond Générale Société 0% ( XS1499594759 ) in USD

Issuer Générale Société
Market price 100 %  ▼ 
Country  France
ISIN code  XS1499594759 ( in USD )
Interest rate 0%
Maturity 05/10/2023 - Bond has expired



Prospectus brochure of the bond Societe Generale XS1499594759 in USD 0%, expired


Minimal amount 1 000 USD
Total amount 100 000 USD
Detailed description Société Générale is a major French multinational banking and financial services corporation.

This financial article details the recent maturity and repayment of a specific zero-coupon bond issued by Societe Generale, identified by ISIN XS1499594759, which reached its maturity date on October 5, 2023. The bond, a debt instrument denominated in USD, was originally issued from France by Societe Generale, a prominent global banking and financial services company headquartered in Paris, recognized as one of Europe's largest financial institutions with a diverse range of activities spanning retail banking, corporate and investment banking, financial services, and insurance. This particular bond featured a 0% interest rate, classifying it as a zero-coupon instrument, meaning it did not provide periodic coupon payments to investors, with its yield derived from being purchased at a discount and redeemed at its full face value. The total issuance size for this bond was 100,000 units, with a minimum purchase size set at 1,000 units per investor. Upon its maturity, the bond's market value stood at 100%, indicating its successful principal repayment to investors as per the terms of its issuance, underscoring Societe Generale's commitment to fulfilling its financial obligations.