Bond Natixis Global 0% ( XS1881325960 ) in USD
Issuer | Natixis Global |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 13/05/2022 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 500 000 USD |
Detailed description |
Natixis is a French multinational financial services firm specializing in asset & wealth management, corporate & investment banking, and payment solutions. This financial report details the concluded lifecycle of a specific debt instrument, the bond identified by ISIN XS1881325960, issued by the prominent French financial institution Natixis; originating from France, this United States Dollar (USD) denominated bond, which carried a 0% interest rate, was characterized by a total issuance volume of USD 500,000 and had a minimum investment denomination set at USD 1,000. Natixis, the issuer, is a leading French corporate and investment bank, asset manager, and financial services provider, forming a significant part of Groupe BPCE, France's second-largest banking group; the institution engages in diverse financial activities including structured finance, capital markets, and investment solutions globally, leveraging its expertise to issue various financial instruments, including the bond under review. The aforementioned bond reached its scheduled maturity date on May 13, 2022, and has since been fully repaid to investors at 100% of its par value, marking the successful conclusion of its term. The absence of a stated interest rate, at 0%, suggests this was a zero-coupon bond, where investor returns are typically realized from the discount at which the bond is purchased relative to its par value repayment; furthermore, while a payment frequency of 2 was noted in the bond's specifications, this would not have applied in the context of its 0% interest coupon, and the relatively contained total issue size of USD 500,000 points towards a potentially specialized or non-public market placement for this specific security. |