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ItalianoBond MicroFund FT 7% ( XS1785341220 ) in USD
| Issuer | MicroFund FT |
| Market price | 100 % ⇌ |
| Country |  Luxembourg
|
| ISIN code |
 XS1785341220 ( in USD )
|
| Interest rate | 7% per year ( payment 2 times a year) |
| Maturity | 31/01/2020 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 154 350 USD |
| Total amount | 617 400 USD |
| Detailed description |
Mikro Fund F.T. is a microfinance institution operating primarily in developing countries, providing small loans and financial services to micro entrepreneurs and underserved populations. An examination of the bond identified by ISIN XS1785341220, issued by Mikro Fund F.T., provides insight into a specific debt instrument that has completed its lifecycle. Mikro Fund F.T. functions as a financial entity or investment vehicle operating from Luxembourg, demonstrated by its engagement in the debt capital markets through instruments such as this bond. This particular USD-denominated bond offered investors a fixed annual interest rate of 7%, with coupon payments scheduled semi-annually, reflecting a payment frequency of two times per year. The total size of this bond issue amounted to USD 617,400, with an initial minimum purchase requirement of USD 154,350. The bond reached its stipulated maturity date on January 31, 2020. Upon maturity, the bond was fully redeemed at its par value, equivalent to 100% of its principal, confirming the complete fulfillment of its repayment obligations. |