ItalianoBond La Poste Banque 0% ( XS2585546125 ) in GBP
| Issuer | La Poste Banque |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 XS2585546125 ( in GBP )
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| Interest rate | 0% |
| Maturity | 05/02/2024 - 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 |
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. An analysis of fixed-income instruments highlights the recent lifecycle conclusion of a specific bond identified by ISIN XS2585546125, which has reached its maturity and undergone full redemption. This bond was issued by La Banque Postale, a prominent French financial institution and a key player within the French banking sector, established as a subsidiary of the La Poste group. La Banque Postale provides a comprehensive range of banking and insurance services to individuals, businesses, and public sector entities, operating with a strong emphasis on its public service mission and contributing significantly to the financial landscape of France and Europe through its diverse activities, including retail banking, asset management, and corporate banking. Denominated in Great British Pounds (GBP) and originating from France, this particular bond featured a 0% interest rate, indicating it was either a zero-coupon bond or a bond with a fixed 0% coupon, and consequently, no periodic interest payments were disbursed to investors during its term, despite a stated payment frequency of '1' (typically implying annual frequency for coupon payments). The bond officially matured on February 5, 2024, at which point its market price stood at 100%, confirming its successful redemption at par and the fulfillment of the issuer's obligations to its bondholders. |