Bond Crédit Agricole CIB S.A. 0% ( XS1996645658 ) in USD

Issuer	Crédit Agricole CIB S.A.
Market price	100 % ⇌
Country	France
ISIN code	XS1996645658 ( in USD )
Interest rate	0%
Maturity	28/10/2060
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Detailed description	Crédit Agricole Corporate and Investment Bank (CACIB) is a global corporate and investment bank offering a wide range of financial products and services to corporations, institutions, and governments worldwide. An obligation issued by Credit Agricole Corporate and Investment Bank S.A., the corporate and investment banking arm of the Credit Agricole Group, a prominent French banking entity, is currently observed in the market with ISIN XS1996645658. This USD-denominated bond, originating from France, trades at 100% of its principal value. Distinguished by a 0% interest rate, which characterizes it as a zero-coupon instrument, and an exceptionally long maturity date of October 28, 2060, this debt security presents a unique profile. While a payment frequency of 2 is noted, as a zero-coupon bond, it does not provide periodic interest payments, with its return typically derived from the difference between its purchase price and its face value at redemption, implying a 0% yield to maturity given its current market price at par.