Bond MicroFund FT 8.5% ( XS2066404059 ) in EUR

Issuer MicroFund FT
Market price 100 %  ⇌ 
Country  Luxembourg
ISIN code  XS2066404059 ( in EUR )
Interest rate 8.5% per year ( payment 1 time a year)
Maturity 17/10/2024 - Bond has expired



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Minimal amount 125 000 EUR
Total amount 125 000 EUR
Detailed description Mikro Fund F.T. is a microfinance institution operating primarily in developing countries, providing small loans and financial services to micro entrepreneurs and underserved populations.

A specific debt instrument, identified by ISIN code XS2066404059, was issued by Mikro Fund F.T., a fund based in Luxembourg. This bond, denominated in Euros (EUR), offered a significant annual interest rate of 8.5%. The total issuance size for this security was ?125,000, noteworthy for its minimum purchase requirement also set at ?125,000, indicating a potential private placement or a focus on larger institutional investors. With an original maturity date of October 17, 2024, and featuring an annual coupon payment frequency, this obligation, which had a market price of 100% at maturity, has successfully reached its full term and has since been confirmed as fully reimbursed to its holders, concluding its lifecycle as a debt financing vehicle for Mikro Fund F.T.