Bond Générale Société 0% ( XS1718906750 ) in USD

Issuer	Générale Société
Market price	100 % ⇌
Country	France
ISIN code	XS1718906750 ( in USD )
Interest rate	0%
Maturity	24/01/2048
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Minimal amount	1 000 000 USD
Total amount	440 000 000 USD
Detailed description	Société Générale is a major French multinational banking and financial services corporation. An overview of a notable debt instrument reveals details of a bond issued by Societe Generale, identified by the ISIN code XS1718906750. Societe Generale, a prominent French multinational banking and financial services company headquartered in Paris, was established in 1864 and stands as one of the oldest and largest banks in France, boasting a significant global presence across retail banking, corporate and investment banking, and asset management, serving millions of clients worldwide and playing a crucial role in the international financial landscape. This particular bond, originating from France, is denominated in USD and represents a substantial total issue size of $440,000,000. Notably, it features an interest rate of 0%, structuring it as a zero-coupon bond, where investors typically do not receive periodic interest payments but realize their return from the difference between the purchase price and the full face value received at maturity, with the current market price standing at 100% of its par value. The bond is set to mature on January 24, 2048, marking it as a long-term investment vehicle, and while the specified payment frequency is 2, this generally refers to a structural or nominal frequency rather than actual coupon distributions for a zero-coupon instrument. Access to this offering requires a minimum purchase size of $1,000,000, indicating its target audience primarily includes institutional investors or high-net-worth individuals.