Bond BNP Paribas SA 0% ( FR0014002LH2 ) in EUR

Issuer	BNP Paribas SA
Market price	100 % ▼
Country	France
ISIN code	FR0014002LH2 ( in EUR )
Interest rate	0%
Maturity	06/04/2029
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Minimal amount	1 000 EUR
Total amount	1 500 000 EUR
Detailed description	BNP Paribas is a leading international banking group providing a wide range of financial services including retail banking, investment banking, asset management, and corporate and institutional banking to individuals, businesses, and governments worldwide. A financial instrument identified by the ISIN code FR0014002LH2, structured as a bond, has been issued by BNP Paribas. BNP Paribas stands as a leading European bank with a global presence, offering a comprehensive range of financial services, including corporate and institutional banking, retail banking, and international financial services, underpinning its strong credit profile in the financial markets. This specific bond, denominated in Euro (EUR), carries a unique characteristic of a 0% interest rate, categorizing it as a zero-coupon bond, meaning investors do not receive periodic interest payments but typically acquire the bond at a discount and are repaid its full face value at maturity. The bond's maturity date is set for April 6, 2029, and it currently trades on the market at 100% of its nominal value, which, combined with its zero-coupon nature, implies a 0% yield to maturity at this price point. Originating from France, the total issuance size for this bond is 1,500,000 units, with a minimum purchase threshold set at 1,000 units for investors. Despite the zero coupon, the payment frequency is noted as annual, referencing the principal repayment at maturity.