Bond Agence Nationale des Organismes de Sécurité Sociale 0% ( XS1731618754 ) in USD

Issuer Agence Nationale des Organismes de Sécurité Sociale
Market price 100 %  ⇌ 
Country  France
ISIN code  XS1731618754 ( in USD )
Interest rate 0%
Maturity 28/02/2018 - Bond has expired



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Detailed description The ACOSS (Agence centrale des organismes de Sécurité sociale) is the central agency responsible for managing and coordinating the French social security system.

An examination of fixed-income instruments confirms the successful full redemption of a specific bond, ISIN XS1731618754, on its maturity date of February 28, 2018, an obligation issued by the Agence centrale des organismes de Sécurité sociale (ACOSS), which serves as the crucial central agency within France's robust social security framework, responsible for the collection and management of social contributions that are indispensable to funding the nation's comprehensive social protection system; this USD-denominated bond, originating from France, featured a 0% interest rate, indicative of a zero-coupon structure, and despite a stated payment frequency of two, it was fully reimbursed at 100% of its market price upon its stipulated maturity, thereby completing its financial cycle.