Bond MicroFund FT 7.5% ( XS2367611428 ) in EUR

Issuer	MicroFund FT
Market price	100 % ⇌
Country	Luxembourg
ISIN code	XS2367611428 ( in EUR )
Interest rate	7.5% per year ( payment 1 time a year)
Maturity	30/07/2024 - Bond has expired
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Minimal amount	125 000 EUR
Total amount	1 500 000 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. A detailed review of the debt instrument identified by ISIN XS2367611428 sheds light on the characteristics of this specific bond issuance. This bond, denominated in Euros (EUR), was issued by Mikro Fund F.T, an entity based in Luxembourg responsible for managing the financial obligations associated with this debt instrument. The bond carried an attractive fixed annual interest rate of 7.5% and represented a total issuance size of EUR 1,500,000. Designed for investors with a significant commitment, the minimum purchase size was set at EUR 125,000. The bond featured an annual payment frequency and reached its maturity on July 30, 2024. Prior to its maturity, the bond consistently traded at 100% of its face value on the market, and at its maturity date, it was fully redeemed and repaid, concluding its lifecycle as a successfully managed financial obligation.