ItalianoBond Societe Generale 0% ( XS1640853179 ) in USD
| Issuer | Societe Generale | ||||||||||
| Market price |  102.63 % ⇌ |
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| Country |  France
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| ISIN code |
 XS1640853179 ( in USD )
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| Interest rate | 0% | ||||||||||
| Maturity | 08/07/2027 | ||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 1 000 USD | ||||||||||
| Total amount | 100 000 USD | ||||||||||
| Detailed description |
Société Générale is a major French multinational banking and financial services corporation. A financial bond, identified by ISIN XS1640853179, has been issued by Societe Generale, a leading French multinational banking and financial services group. Headquartered in Paris, Societe Generale operates globally, offering a comprehensive range of services including retail banking, corporate and investment banking, and private banking, establishing itself as a significant player in the international financial landscape. This particular bond, issued out of France and denominated in USD, is currently trading at 100% of its par value on the market. It specifies an interest rate of 0% and mandates a semi-annual payment frequency, with its maturity set for July 8, 2027. The total nominal issuance size for this instrument is recorded at 100,000 USD, with a minimum purchase amount set at 1,000 USD. The combination of a 0% interest rate and semi-annual payment schedule suggests this bond may function as a floating-rate note whose current rate is at its floor, or a structured product designed to offer returns through mechanisms other than direct periodic interest payments at the current rate, making it potentially suitable for investors with specific risk-return profiles or those anticipating future rate changes. |
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