ItalianoBond Agence Centrale Organisation Sécurité Sociale 0% ( XS2581999104 ) in EUR
| Issuer | Agence Centrale Organisation Sécurité Sociale |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 XS2581999104 ( in EUR )
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| Interest rate | 0% |
| Maturity | 26/10/2023 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| Detailed description |
The Agence Centrale des Organismes de Sécurité Sociale (ACOSS) is the central agency responsible for coordinating and managing France's social security system. A recent development in the European fixed-income landscape highlights the successful maturity and redemption of the bond identified by ISIN XS2581999104, a financial instrument issued by the Agence Centrale des Organismes de Sécurité Sociale (ACOSS), commonly known as the Central Agency for Social Security Organizations. As a cornerstone of the French social security system, ACOSS plays a critical role in managing and centralizing the financial flows for the general social security scheme, encompassing the collection of social contributions and the allocation of funds to various branches such as health, family, and old-age benefits, thereby underpinning a significant portion of France's welfare state. This specific obligation, originating from France and denominated in Euros (EUR), was notably characterized by a zero-coupon structure, reflected in its 0% interest rate, indicating that investors were not paid periodic interest but rather anticipated a single principal payment upon maturity. With its stipulated maturity date of October 26, 2023, and a payment frequency of 1, the bond had been trading at 100% of its par value on the market prior to its expiry. The official confirmation that this bond has indeed reached its maturity and has been fully reimbursed marks the concluded lifecycle of this debt instrument within the French public finance framework. |