Bond La Poste Banque 0% ( FR0013106721 ) in EUR
| Issuer | La Poste Banque | ||
| Market price | 100 % ⇌ | ||
| Country | France
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| ISIN code |
FR0013106721 ( in EUR )
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| Interest rate | 0% | ||
| Maturity | 02/02/2018 - Bond has expired | ||
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| Minimal amount | 100 000 EUR | ||
| Total amount | 50 000 000 EUR | ||
| Detailed description |
La Banque Postale is a French retail bank, a subsidiary of La Poste, offering a range of banking and financial services to individuals and businesses. This financial analysis focuses on a specific bond identified by ISIN FR0013106721, issued from France by La Banque Postale, a significant player within the French financial sector. La Banque Postale, a prominent retail bank and a key subsidiary of the national postal service, La Poste, is widely recognized for its extensive range of banking, insurance, and asset management services, leveraging a broad network across the country. This Euro-denominated debt instrument represented a total issuance size of EUR 50,000,000, with a minimum investment threshold set at EUR 100,000. Notably, the bond featured a stated interest rate of 0% and a payment frequency of 1, characteristics that typically indicate a zero-coupon bond, where the return is embedded in the discount at issuance relative to the par value at redemption, or a similar debt instrument not designed for periodic coupon payments. The bond reached its maturity on February 2, 2018, and was subsequently repaid in full at 100% of its nominal value, signifying the successful conclusion of this financial obligation. |
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