ItalianoBond Agence Centrale Organisation Sécurité Sociale 0% ( XS2596534441 ) in USD
| Issuer | Agence Centrale Organisation Sécurité Sociale |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 XS2596534441 ( in USD )
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| Interest rate | 0% |
| Maturity | 07/09/2023 - 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 financial update confirms the full redemption of the bond identified by ISIN code XS2596534441, issued by the Agence Centrale des Organismes de Sécurité Sociale (ACOSS). ACOSS, as the central agency responsible for overseeing and managing the cash flow for France's general social security scheme, plays a crucial role in the nation's public financial infrastructure within the social protection sector. This specific zero-coupon bond, denominated in USD, reached its maturity on September 7, 2023, and was fully repaid at its par value of 100% of the principal amount. The bond carried a 0% interest rate, indicating it was a zero-coupon instrument where investor returns were derived from the discount at which it was potentially acquired, culminating in the full principal repayment at maturity. Although a payment frequency of two was indicated, typically referring to semi-annual coupon distributions, this was not applicable to this zero-coupon instrument, with the final principal redemption successfully processed. |