Bond Natixis Global 0% ( XS1804732201 ) in USD
Issuer | Natixis Global | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 0% | ||
Maturity | 26/07/2021 - Bond has expired | ||
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Minimal amount | 1 000 USD | ||
Total amount | 1 500 000 USD | ||
Detailed description |
Natixis is a French multinational financial services firm specializing in asset & wealth management, corporate & investment banking, and payment solutions. An obligation identified by the ISIN code XS1804732201, issued by Natixis, the corporate, investment, and financial services arm of Groupe BPCE, has successfully reached its maturity and been fully redeemed. This particular bond, originating from France and denominated in US Dollars, had a maturity date of July 26, 2021. Distinguished by its zero-coupon nature, the bond carried a 0% interest rate, meaning no periodic interest payments were made to investors; instead, the entire principal amount was due at maturity. Despite a listed payment frequency of 2, typically implying semi-annual interest disbursements for coupon-bearing instruments, this characteristic was superseded by its zero-coupon structure, with the principal being the sole repayment. The total size of this issuance amounted to $1,500,000, with a minimum investment threshold set at $1,000. Upon its maturity, the bond was redeemed at 100% of its nominal value, ensuring investors received their full principal back. Natixis, a global financial institution operating in asset management, corporate and investment banking, and specialized financial services, consistently manages various debt instruments, and the successful repayment of this obligation underscores its commitment to its financial liabilities. |