Bond Générale Société 0% ( XS1714972210 ) in USD

Issuer Générale Société
Market price 100 %  ⇌ 
Country  France
ISIN code  XS1714972210 ( in USD )
Interest rate 0%
Maturity 01/05/2023 - 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 examination of a specific debt instrument, the bond identified by ISIN XS1714972210, provides insight into its structure and lifecycle leading to its recent completion. This bond was issued by Societe Generale, a prominent French multinational investment bank and financial services company headquartered in Paris. Established in 1864, Societe Generale stands as one of the oldest and largest banks in France, playing a significant role in both domestic and international financial markets. Its extensive operations encompass retail banking, corporate and investment banking, private banking, asset management, and specialized financial services, serving a diverse client base globally, thus underlining its status as a major issuer in capital markets. The aforementioned bond, issued from 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 characteristic of this particular instrument was its stated interest rate of 0%, indicating it was structured either as a zero-coupon bond or without periodic interest payouts. With an originally scheduled maturity date of May 1, 2023, and a recorded payment frequency of 2 (typically implying semi-annual, although irrelevant for interest distributions given the 0% rate), the bond successfully reached its maturity. As of the latest financial reporting, this obligation has officially matured and has been fully redeemed at its 100% face value, thereby concluding its financial cycle as per its initial terms.