Bond Natixis Global 0% ( XS2321033610 ) in USD
Issuer | Natixis Global | ||
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ISIN code |
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Interest rate | 0% | ||
Maturity | 26/01/2052 | ||
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Minimal amount | 200 000 USD | ||
Total amount | 220 000 000 USD | ||
Detailed description |
Natixis is a French multinational financial services firm specializing in asset & wealth management, corporate & investment banking, and payment solutions. An in-depth review of the fixed-income market highlights a notable debt instrument issued by Natixis, a leading French corporate and investment bank that operates as a key component of the BPCE Group, offering a comprehensive suite of financial services spanning corporate and investment banking, asset management, and insurance globally. This particular bond, identified by ISIN XS2321033610 and originating from France, is denominated in USD with a total issue size of 220,000,000, and is currently quoted at 100% of its par value on the market. Distinctively structured as a zero-coupon bond given its 0% interest rate, investors would typically acquire such an instrument at a discount to its face value, realizing their yield upon receipt of the full principal at its lengthy maturity date of January 26, 2052, despite a nominal "payment frequency" of 2 which implies a calculation basis rather than actual coupon disbursements. The minimum acquisition threshold for this long-duration asset is set at 200,000 USD, positioning it for institutional or sophisticated investors navigating the nuances of the global debt landscape. |