ItalianoBond BPCe 0% ( XS2668204881 ) in GBP
| Issuer | BPCe |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 XS2668204881 ( in GBP )
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| Interest rate | 0% |
| Maturity | 02/01/2024 - 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 |
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. This financial update pertains to a specific debt instrument, identified by its ISIN code XS2668204881, a bond issued by BPCE. BPCE, a leading French cooperative banking group, represents a significant pillar of the European financial sector. As France's second-largest banking group, BPCE operates an extensive network comprising retail banking brands such as Banque Populaire and Caisse d'Epargne, alongside robust operations in asset management, insurance, and corporate and investment banking, catering to a diverse clientele across various segments. The bond in question, denominated in Great British Pounds (GBP) and originating from France, was structured as a zero-coupon instrument, meaning it bore a 0% interest rate throughout its lifespan and therefore did not feature periodic interest payments. Instead, investors would have anticipated receiving the full principal amount upon the bond's maturity. This debt security reached its scheduled maturity on January 2, 2024. At this point, its market price was recorded at 100%, confirming that the bond has indeed matured and its principal value has been fully reimbursed to its holders, bringing the investment cycle of ISIN XS2668204881 to a successful close. |