Bond BPCe 1.75% ( FR0011697051 ) in EUR

Issuer BPCe
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0011697051 ( in EUR )
Interest rate 1.75% per year ( payment 1 time a year)
Maturity 27/01/2021 - Bond has expired



Prospectus brochure of the bond BPCE FR0011697051 in EUR 1.75%, expired


Minimal amount /
Total amount /
Detailed description BPCE is a French banking group formed by the merger of several regional banking networks, primarily operating through its two main subsidiaries, Banque Populaire and Caisse d'Epargne.

The Bond issued by BPCe ( France ) , in EUR, with the ISIN code FR0011697051, pays a coupon of 1.75% per year.
The coupons are paid 1 time per year and the Bond maturity is 27/01/2021










Final Terms dated 24 January 2014







BPCE SFH
Issue of EUR 20,000,000 1.75 per cent. Fixed Rate Covered Notes due 28 January 2021

under the 40,000,000,000 Euro Medium Term Note Programme
for the issue of obligations de financement de l'habitat and other privileged notes


Series No.: 2014-55
Tranche No.: 1

Issue Price: 100.00 per cent.


Dealer



DZ BANK AG

1




PART A - CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the terms and conditions (the
"Terms and Conditions") set forth in the base prospectus dated 30 April 2013 which received visa No. 13-192
from the Autorité des marchés financiers (the "AMF") on 30 April 2013 as supplemented by (i) the first
supplement dated 9 August 2013 which received visa No. 13-453 from the AMF on 9 August 2013 and (ii) the
second supplement dated 2 October 2013 which received visa No. 13-522 from the AMF on 2 October 2013
(together, the "Base Prospectus") which together constitute a base prospectus for the purposes of the Prospectus
Directive (as defined below).
This document constitutes the final terms (the "Final Terms") relating to the notes described herein (the
"Notes") for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with such
Base Prospectus. Full information on the Issuer and the offer of the Notes is only available on the basis of the
combination of these Final Terms and the Base Prospectus. The Base Prospectus and these Final Terms are
available for viewing on the websites of BPCE (www.bpce.fr) and of the AMF (www.amf-france.org) and
during normal business hours at the registered office of the Issuer and at the specified office of the Paying
Agent(s) where copies may be obtained.
"Prospectus Directive" means Directive 2003/71/EC of the European Parliament and of the Council of
4 November 2003 (as amended, including by the 2010 PD Amending Directive, to the extent implemented in the
relevant Member State of the European Economic Area which has implemented the Prospectus Directive (each a
"Relevant Member State")), and includes any relevant implementing measure of the Prospectus Directive in
each Relevant Member State, and "2010 PD Amending Directive" means Directive 2010/73/EU of the
European Parliament and of the Council of 24 November 2010 and includes any relevant implementing measure
of the 2010 PD Amending Directive.

1.
(i)
Series Number:
55
(ii)
Tranche Number:
1
(iii)
Date on which Notes become Not Applicable

fungible:
2.
Specified Currency:
Euro ("EUR")
3.
Aggregate Nominal Amount of Notes:

(i)
Series:
EUR 20,000,000
[(ii)
Tranche:
EUR 20,000,000
4.
Issue Price:
100.00 per cent. of the Aggregate Nominal Amount of
the Tranche
5.
Specified Denomination(s):
EUR 100,000
6.
(i)
Issue Date:
28 January 2014
(ii)
Interest Commencement Date:
Issue Date
7.
Final Maturity Date:
28 January 2021
8.
Interest Basis:
1.75 per cent. Fixed Rate
(further particulars specified below)
9.
Redemption/Payment Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed at the Final
Maturity Date at 100 per cent. of the Aggregate
Nominal Amount
(further particulars specified below)
10.
Change of Interest Basis:
Not Applicable
11.
Put/Call Options:
Not Applicable
2




12.
Date of corporate authorisations for
issuance of Notes obtained:
Decisions of the Conseil d'administration (board of
directors) of the Issuer (i) dated 19 December 2013
authorising the issue of obligations de financement de
l'habitat and other resources benefiting from the
privilège referred to in Article L.515-19 of the French
Code monétaire et financier up to 7,000,000,000 for
the period beginning on 1 January 2014 and ending on
31 December 2014 and (ii) dated 19 December 2013
authorising the quarterly programme of borrowings
benefiting from such privilège up to 3,000,000,000
for the first quarter of 2014
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
13.
Fixed Rate Note Provisions:
Applicable
(i)
Rate(s) of Interest:
1.75 per cent. per annum payable annually in arrear
(ii)
Interest Payment Date(s):
28 January in each year up to and including the Final
Maturity Date
(iii)
Fixed Coupon Amount(s):
EUR 1,750 per Specified Denomination
(iv)
Broken Amount(s):
Not Applicable
(v)
Day Count Fraction (Condition Actual/Actual-ICMA
5(a)):
(vi)
Determination Dates:
28 January in each year
14.
Floating Rate Note Provisions:
Not Applicable
15.
Zero Coupon Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
16.
Call Option:
Not Applicable
17.
Put Option:
Not Applicable

18.
Final Redemption Amount of each Note:
EUR 100,000 per Specified Denomination
19.
Redemption by Instalment:
Not Applicable
20.
Early Redemption Amount:

Early Redemption Amount(s) of each Note
payable on event of default or other early
redemption as set out in the Terms and
Conditions :
EUR 100,000 per Specified Denomination
21.
Purchases (Condition 6(h)):
The Notes purchased may be held and resold as set out
in the Terms and Conditions
GENERAL PROVISIONS APPLICABLE TO THE NOTES
22.
Governing law:
French law
23.
Form of Notes:
Dematerialised Notes
(i)
Form of Dematerialised Notes:
Bearer form (au porteur)
(ii)
Registration Agent:
Not Applicable
(iii)
Temporary Global Certificate:
Not Applicable
24.
Financial Centre(s) or other special
provisions relating to payment dates for
the purposes of Condition 7(g):
Not Applicable
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25.
Talons for future Coupons or Receipts to
be attached to Definitive Materialised
Notes (and dates on which such Talons
mature):
Not Applicable.
26.
Masse:
The provisions of Condition 10 apply.
The initial Representative will be:
Sylvain Thomazo
20, rue Victor Bart
78000 Versailles
France
The alternate Representative will be:
Sandrine D'Haussy
69, avenue Gambetta
94100 Saint Maur Des Fosses
France
GENERAL

The aggregate principal amount of Notes
issued has been translated into Euro at the
rate of [] per cent. producing a sum of:
Not Applicable

RESPONSIBILITY
I accept responsibility for the information contained in these Final Terms.

Signed on behalf of BPCE SFH:
By: Jean-Philippe Berthaut, Directeur Général Délégué

Duly authorised

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PART B - OTHER INFORMATION
1.
LISTING AND ADMISSION TO TRADING
(i)
Listing(s):
Euronext Paris
(ii)
(a) Admission to trading:
Application has been made by the Issuer (or on its
behalf) for the Notes to be admitted to trading on
Euronext Paris with effect from the Issue Date.
(b) Regulated Markets or equivalent markets
on which, to the knowledge of the Issuer,
securities of the same class of the Notes to be
admitted to trading are already admitted to
trading:
Not Applicable
(iii)
Estimate of total expenses related to
admission to trading:
EUR 4,000
2.
RATINGS
Ratings:
The Notes are expected upon issue to be rated:
S&P: AAA;
Moody's: Aaa;
Both S&P and Moody's are established in the
European Union and registered under Regulation (EC)
1060/2009 of the European Parliament and the Council
of 16 September 2009 on credit rating agencies, as
amended (the "CRA Regulation") and included in the
list of registered credit rating agencies published on
the website of the European Securities and Markets
Authority (www.esma.europa.eu) in accordance with
the CRA Regulation.
3
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save as discussed in "Subscription and Sale", so far as the Issuer is aware, no person involved in the offer
of the Notes has an interest material to the offer.
4.
FIXED RATE NOTES ONLY - YIELD
Indication of yield:
1.75 per cent. per annum
5.
OPERATIONAL INFORMATION
ISIN Code:
FR0011697051
Common Code:
101948382
Depositaries:

(a)
Euroclear France to act as Central
Depositary:
Yes
(b)
Common Depositary for Euroclear
Bank
and
Clearstream
Banking,
société anonyme:
No
Any clearing system(s) other than Euroclear
Bank S.A./N.V. and Clearstream Banking,
société
anonyme
and
the
relevant
identification number(s):
Not Applicable
Delivery:
Delivery free of payment
5




Names and addresses of additional Paying
Agent(s) (if any):
Not Applicable


6.
DISTRIBUTION

Method of distribution:
Non-Syndicated

(i)
If syndicated, names of Managers:
Not Applicable
(iii)
Stabilising Manager(s) (if any):
Not Applicable

If non-syndicated, name of Dealer:
DZ BANK AG
Deutsche Zentral-Genossenschaftsbank, Frankfurt am
Main

U.S. selling restrictions:
The Issuer is Category 1 for the purposes of
Regulation S under the United States Securities Act of
1933, as amended.
TEFRA not Applicable

Additional selling restrictions:
Not Applicable


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