ItalianoBond Agence Centrale Organisation Sécurité Sociale 0% ( XS2598447204 ) in USD
| Issuer | Agence Centrale Organisation Sécurité Sociale |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 XS2598447204 ( in USD )
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| Interest rate | 0% |
| Maturity | 12/05/2023 - 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. An analysis of the debt instrument identified by ISIN code XS2598447204, a bond issued by the Agence Centrale des Organismes de Sécurité Sociale (ACOSS), details a fully matured and redeemed obligation. ACOSS, a critical public administrative body within the French social security framework, is responsible for the centralized treasury management of social security organizations, encompassing the collection of social contributions and the efficient distribution of funds across the system. This particular French-issued bond, denominated in USD, carried a 0% interest rate, signifying its structure as a zero-coupon instrument, and matured on May 12, 2023. While its market price at the point of redemption was recorded at 100% of its nominal value, consistent with a par repayment, the bond's original terms specified a payment frequency of 2 (semi-annually), a detail that, given the 0% coupon, primarily outlined the final redemption schedule. Confirming its lifecycle completion, this bond has indeed reached maturity and has been fully redeemed. |