Bond Agence Centrale Organisation Sécurité Sociale 0% ( XS2836961461 ) in GBP

Issuer Agence Centrale Organisation Sécurité Sociale
Market price 100 %  ⇌ 
Country  France
ISIN code  XS2836961461 ( in GBP )
Interest rate 0%
Maturity 05/08/2024 - Bond has expired



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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 important financial event has transpired with the recent maturity and full repayment of the debt instrument identified by ISIN code XS2836961461, issued by the Agence Centrale des Organismes de Sécurité Sociale (ACOSS), a pivotal public administrative body based in France. This specific obligation, denominated in Great British Pounds (GBP), reached its scheduled maturity date on August 5, 2024, at which point it was repaid at 100% of its face value, reflecting a successful fulfillment of its obligations to bondholders. Notably, this bond was characterized by a zero percent interest rate, typical of certain zero-coupon instruments designed for principal repayment at maturity, with its singular payment frequency corresponding to this final redemption event. As the central agency responsible for the collection and redistribution of social security contributions across France, ACOSS plays a crucial role in the nation's public finance system, underscoring the institutional backing of this now-matured debt.