Bond MicroFund FT 7.5% ( XS2158694583 ) in EUR
| Issuer | MicroFund FT |
| Market price | 100 % ⇌ |
| Country | Luxembourg
|
| ISIN code |
XS2158694583 ( in EUR )
|
| Interest rate | 7.5% per year ( payment 1 time a year) |
| Maturity | 15/04/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 125 000 EUR |
| Total amount | 875 000 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. An examination of the bond market reveals the characteristics and ultimate resolution of a specific debt instrument, the bond identified by ISIN code XS2158694583, issued by Mikro Fund F.T. As a fund, Mikro Fund F.T. typically engages in collective investment activities, managing capital to generate returns, with such bond issuances often serving to finance its operational strategies or portfolio investments. This particular Euro-denominated bond, launched from Luxembourg, carried a fixed annual interest rate of 7.5%, providing investors with a consistent yield throughout its tenure. The total nominal size of this issuance was EUR 875,000, structured with a minimum purchase lot of EUR 125,000, catering to institutional or sophisticated investors. With a maturity date of April 15, 2023, and a single annual payment frequency, this financial obligation has successfully reached its full term, and, as confirmed, was redeemed at 100% of its face value, ensuring the full repayment of principal to bondholders. |
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