Bond Générale Société 0% ( XS2436238989 ) in EUR

Issuer	Générale Société
Market price	100 % ⇌
Country	France
ISIN code	XS2436238989 ( in EUR )
Interest rate	0%
Maturity	18/02/2027
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 EUR
Total amount	1 300 000 EUR
Detailed description	Société Générale is a major French multinational banking and financial services corporation. A newly observed financial instrument, identified by the ISIN code XS2436238989, is categorized as a bond issued from France by Societe Generale, a prominent French multinational banking and financial services company headquartered in Paris, which stands as one of Europe's largest financial institutions offering a comprehensive array of services including retail banking, corporate and investment banking, and asset management, whose extensive global presence positions it as a significant participant in international capital markets, with its issuances often reflecting broader economic and banking sector trends. This particular bond, denominated in Euros (EUR), carries a stated interest rate of 0%, signifying its nature as a zero-coupon bond which, unlike conventional bonds, does not provide periodic interest payments but rather is typically issued at a discount to its face value, with the investor's return stemming from the difference between the purchase price and the redemption price at its maturity on February 18, 2027, thereby classifying it as a medium-term debt instrument with the issuer obligated to repay the principal amount to bondholders on said date. The bond is currently reported to be trading at 100% of its face value on the market, which for a zero-coupon bond suggests a specific market valuation that could imply a yield to maturity of 0% if held until expiration, assuming no further price movements and redemption at par. With a total issue size amounting to 1,300,000 EUR, this figure represents the aggregate principal amount of bonds made available to the market, indicating the scale of the offering and the issuer's funding needs, while the minimum purchase size is set at 1,000 EUR, defining the smallest nominal amount of the bond an individual investor can acquire, thus influencing its accessibility to various investor segments. The stated payment frequency of '1' typically refers to the periodicity of coupon payments, but for this zero-coupon bond, it implicitly refers to the single principal repayment occurring at its maturity.