Bond La Poste Banque 0% ( FR0127795757 ) in USD

Issuer La Poste Banque
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0127795757 ( in USD )
Interest rate 0%
Maturity 26/04/2023 - Bond has expired



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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.

**La Banque Postale's FR0127795757 Bond Reaches Maturity and Redemption** The financial market witnessed the successful maturity and subsequent redemption of the bond identified by ISIN code FR0127795757. This specific debt instrument, a type of obligation, was issued by La Banque Postale and denominated in US Dollars (USD), concluding its lifecycle on its designated maturity date of April 26, 2023, with its full repayment to investors. La Banque Postale, the esteemed issuer of this bond, holds a pivotal role within the French financial sector. As the banking subsidiary of the La Poste Group, France's national postal service, it operates with a unique public service mission to provide universal banking access across the country. Beyond its foundational commitment to financial inclusion, La Banque Postale offers a comprehensive range of financial services spanning retail banking, asset management, and insurance solutions, serving a diverse client base from individuals and professionals to local authorities and corporations. Its extensive network and deep integration into the French economy solidify its position as a major financial institution with strong ties to its country of issuance, France. Distinctively, this particular bond was structured as a zero-coupon instrument, characterized by a 0% interest rate, meaning it did not provide periodic interest payments to its holders. Instead, the investment return would typically have been realized through the difference between the purchase price and the final redemption value. Upon its maturity on April 26, 2023, the bond was redeemed at 100% of its nominal value, ensuring bondholders received their principal investment in full. While the original data indicated a 'payment frequency' of 2, in the context of a zero-coupon bond like FR0127795757, this parameter typically refers to the structure for bonds that carry periodic coupons. For this zero-coupon bond, the singular and significant 'payment event' was the final principal redemption at maturity, consistent with its design. The successful and timely redemption of this bond underscores La Banque Postale's robust financial management and commitment to fulfilling its obligations to bondholders.