ItalianoBond Agence Centrale Organisation Sécurité Sociale 0% ( XS2689949472 ) in EUR
| Issuer | Agence Centrale Organisation Sécurité Sociale |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 XS2689949472 ( in EUR )
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| Interest rate | 0% |
| Maturity | 14/12/2023 - 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 repayment of the French government-backed zero-coupon bond, ISIN XS2689949472, issued in EUR and carrying a 0% interest rate, which successfully reached its maturity on December 14, 2023, and was redeemed at its 100% market value. This obligation was issued by the Agence Centrale des Organismes de Sécurité Sociale (ACOSS), the central agency responsible for the organization, coordination, and financial management of France's comprehensive social security system, playing a critical role in the collection of social contributions and the financing of social benefits. The bond's singular payment frequency, effectively a bullet repayment at maturity given its zero-coupon structure, reflects its role in the short-term financing mechanisms supporting the French public finance framework. |