Bond MicroFund FT 7% ( XS2097328319 ) in EUR

Issuer MicroFund FT
Market price 100 %  ⇌ 
Country  Luxembourg
ISIN code  XS2097328319 ( in EUR )
Interest rate 7% per year ( payment 1 time a year)
Maturity 20/03/2022 - Bond has expired



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Minimal amount 125 000 EUR
Total amount 3 500 000 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.

The bond, identified by ISIN XS2097328319, issued by Mikro Fund F.T, an entity typically involved in providing capital for specialized or smaller-scale financial initiatives, has successfully matured and been redeemed as of March 20, 2022. This Euro-denominated debt instrument, originating from Luxembourg, carried a 7% annual interest rate and was part of a total issuance valued at ?3,500,000, with a minimum investment threshold of ?125,000; prior to its maturity, the bond's market price was noted at 100%, reflecting its redemption at par.