Bond Natixis Global 0% ( XS1939118896 ) in USD
Issuer | Natixis Global |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 18/10/2024 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 4 120 000 USD |
Detailed description |
Natixis is a French multinational financial services firm specializing in asset & wealth management, corporate & investment banking, and payment solutions. The bond identified by ISIN XS1939118896, issued in France by Natixis, the corporate and investment banking arm of Groupe BPCE and France's second-largest banking group, has reached its maturity on October 18, 2024, and has since been fully redeemed at its par value of 100%, reflecting its market behavior at the point of redemption. This specific instrument, denominated in USD, was a zero-coupon bond, bearing a 0% interest rate, which implies no periodic interest payments, rendering any nominal payment frequency (such as the indicated '2') irrelevant for interest distribution as its value accrued entirely to maturity, where the full principal of the $4,120,000 total issuance was repaid. Initially available for a minimum purchase size of $1,000, this bond has now concluded its lifecycle in the financial markets. |