ItalianoBond BPCe 0% ( FR0127687715 ) in EUR
| Issuer | BPCe |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 FR0127687715 ( in EUR )
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| Interest rate | 0% |
| Maturity | 31/08/2023 - 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 |
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 fixed-income instrument identified by ISIN FR0127687715, issued by BPCE, reached its maturity on August 31, 2023, and has been successfully redeemed at its par value of 100%, settled in Euros (EUR). BPCE, or Groupe BPCE, stands as France's second-largest banking group, a prominent entity in the European financial landscape, encompassing the networks of Banque Populaire and Caisse d'Epargne. Its diversified activities span retail banking, corporate and investment banking, asset management, and insurance, reinforcing its position as a significant and regular participant in global debt capital markets, issuing instruments to finance its extensive operations and strategic initiatives from its base in France. This particular obligation featured a distinctive zero-coupon structure, meaning it carried a stated interest rate of 0% and was designed without periodic coupon payments. Investors holding such bonds typically realize their return through the appreciation from a discounted issuance price to its full face value at maturity, as opposed to receiving regular interest distributions. The bond's single payment frequency refers to the final principal repayment occurring upon its maturity. The timely reimbursement of this bond by BPCE underscores the issuer's adherence to its financial commitments and represents a standard conclusion to the lifecycle of such a debt instrument within the capital markets. |