Société Générale is a major French multinational banking and financial services corporation.
An analysis of the recently matured bond, identified by ISIN XS1778776382, reveals its characteristics as a zero-coupon debt instrument issued by Societe Generale, a prominent French multinational banking and financial services company. Headquartered in Paris, Societe Generale stands as one of Europe's oldest and largest financial institutions, actively engaged in retail banking, corporate and investment banking, financial services, and insurance globally, relying on diverse funding sources, including debt issuances like this one, to support its extensive operations. This particular bond, issued out of France in USD, had a total issuance size of $12,667,100, with a minimum purchase size set at $100. A distinctive feature was its 0% interest rate, classifying it as a zero-coupon bond, meaning investors did not receive periodic interest payments but rather anticipated their return from purchasing the bond at a discount and receiving its full par value upon maturity. While the data indicated a 'Payment Frequency' of 2, this is a standard field often representing semi-annual payments for coupon bonds, which does not apply to a zero-coupon instrument that inherently makes no interim interest disbursements. The bond successfully reached its maturity date on February 10, 2023, at which point it was repaid to bondholders at its par value, consistent with the reported current market price of 100% as the instrument completed its lifecycle.
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Italiano
France
XS1778776382 ( in USD )
