Bond Natixis Global 0% ( XS1849221186 ) in USD
Issuer | Natixis Global |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 20/12/2021 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 1 300 000 USD |
Detailed description |
Natixis is a French multinational financial services firm specializing in asset & wealth management, corporate & investment banking, and payment solutions. A detailed analysis of the bond identified by ISIN code XS1849221186 reveals its recent maturity and full reimbursement, marking a concluded financial instrument in the market. This particular obligation was issued by Natixis, a prominent French corporate and investment bank operating globally with a significant presence across various financial services, including asset management, corporate and investment banking, insurance, and specialized financial services. As a subsidiary of Groupe BPCE, France?s second-largest banking group, Natixis plays a crucial role in international finance, offering a broad range of products and services to its clients worldwide. The bond, issued from Luxembourg, was denominated in USD and had a total issuance size of 1,300,000 units. Noteworthy characteristics included its zero-coupon nature, indicated by an interest rate of 0%, meaning investors did not receive periodic interest payments but rather anticipated a return upon maturity or through potential price appreciation in the secondary market. The minimum purchase size for this bond was set at 1,000 units. Its scheduled maturity date was December 20, 2021, on which date the bond reached its full term. Consistent with its terms, the bond was fully reimbursed at its par value, as reflected by its market price reaching 100% at the time of redemption, effectively concluding its lifecycle as a financial asset. The mention of a payment frequency of 2, despite the zero-coupon rate, typically refers to the standard semi-annual basis for calculating coupon payment cycles, even if the coupon amount itself was zero. The successful maturity and reimbursement of this bond underline the issuer's commitment to its financial obligations. |