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Bond MicroFund FT 6.5% ( XS2311579564 ) in EUR

Issuer	MicroFund FT
Market price	100 %  ⇌
Country	Luxembourg
ISIN code	XS2311579564 ( in EUR )
Interest rate	6.5% per year ( payment 1 time a year)
Maturity	15/03/2023 - Bond has expired
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Minimal amount	125 000 EUR
Total amount	1 250 000 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 Euro-denominated bond identified by ISIN XS2311579564, issued by Mikro Fund F.T., a Luxembourg-based financial entity, reveals its recent lifecycle completion; this bond, which had an initial total issue size of EUR 1,250,000 with a minimum purchase increment of EUR 125,000 and offered an annual interest rate of 6.5%, reached its scheduled maturity on March 15, 2023, and has since been fully reimbursed to its holders at its par value of 100%.