ItalianoBond Agence Centrale Organisation Sécurité Sociale 0% ( XS2823103846 ) in USD
| Issuer | Agence Centrale Organisation Sécurité Sociale |
| Market price | 100 % ⇌ |
| Country |  France
|
| ISIN code |
 XS2823103846 ( in USD )
|
| Interest rate | 0% |
| Maturity | 21/05/2024 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| 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 fixed-income instrument identified by ISIN XS2823103846, issued by the Agence Centrale des Organismes de Sécurité Sociale (ACOSS), reveals the full redemption of this bond which matured on May 21, 2024; ACOSS, serving as the central agency for social security organizations in France, holds a critical mandate in managing the financial resources of the French social protection system, overseeing the collection of social contributions and the financing of various benefits, thereby underscoring its pivotal role in the nation's public finance infrastructure; this particular debt security, denominated in USD and issued from France, was structured as a zero-coupon bond, indicated by its 0% interest rate, meaning that investor returns were derived from the discount at which it was initially acquired rather than through periodic coupon payments; the reported current market price of 100% precisely reflects its par redemption value upon maturity, confirming that the bond has indeed reached its scheduled maturity date and has been fully repaid, effectively concluding its lifecycle within the financial markets, notwithstanding its stated payment frequency of 2 which is inherently irrelevant for a zero-coupon instrument. |