Bond Générale Société 0% ( XS1667533175 ) in USD
Issuer | Générale Société |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 29/11/2022 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 5 000 000 USD |
Detailed description |
Société Générale is a major French multinational banking and financial services corporation. An informative review details the lifecycle of a specific fixed-income instrument, identified by ISIN XS1667533175, issued by the prominent French banking and financial services company, Societe Generale, headquartered in Paris, France, which is one of Europe's oldest and most significant banks, playing a substantial role in the global financial landscape across retail banking, corporate and investment banking, and specialized financial services. This particular bond, issued out of France, was denominated in USD and had a total issuance size of 5,000,000 units, with a minimum purchase size set at 1,000 units; a distinctive feature of this instrument was its 0% interest rate, characterizing it as a zero-coupon bond, meaning investors did not receive periodic interest payments but typically acquired the bond at a discount to its face value, maturing at par. Despite a listed payment frequency of 2, all value was realized at its redemption, as the bond reached its maturity on November 29, 2022, and has since been fully repaid, concluding its tenure at a market price of 100% of its par value. |