Bond BPCe 0% ( FR0128323237 ) in EUR

Issuer BPCe
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0128323237 ( in EUR )
Interest rate 0%
Maturity 09/08/2024 - Bond has expired



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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 financial instrument identified under ISIN FR0128323237, a bond denominated in EUR and issued by BPCE, has officially reached its maturity on August 9, 2024, and has subsequently been fully redeemed. BPCE, Groupe BPCE, is a leading French banking group formed from the merger of Groupe Banque Populaire and Groupe Caisse d'Epargne, standing as the second-largest banking group in France. It serves approximately 30 million customers through its two retail banking networks, Banque Populaire and Caisse d'Epargne, alongside its numerous specialized subsidiaries in areas such as asset management (Natixis Investment Managers), insurance, and real estate financing, playing a significant role in the European financial sector across retail banking, corporate banking, asset management, and investment banking. This specific bond, characterized by a 0% interest rate and a payment frequency of 1, effectively operated as a zero-coupon bond, with its value appreciating to its par value at maturity. Upon its final maturity date of August 9, 2024, the bond was repaid at 100% of its nominal value, confirming the complete reimbursement of its holders as per its terms.