ItalianoBond La Poste Banque 0% ( FR0127796847 ) in EUR
| Issuer | La Poste Banque |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 FR0127796847 ( in EUR )
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| Interest rate | 0% |
| Maturity | 08/09/2023 - 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. A recent development in the European debt market concerns the FR0127796847 bond, issued by La Banque Postale, which successfully reached its maturity and was fully redeemed on September 8, 2023. La Banque Postale, a prominent financial institution headquartered in France, operates as a unique banking model, leveraging the extensive network of the French postal service (La Poste) to offer a comprehensive range of banking, insurance, and financial services to individuals, businesses, and public sector entities across the country, playing a significant role in financial inclusion and regional development. This specific debt instrument, identified by its ISIN FR0127796847, was denominated in Euros (EUR) and originated from France. With its scheduled maturity date of September 8, 2023, the bond's lifecycle concluded as planned. Notably, the bond carried a stated interest rate of 0%, indicating it was likely structured as a zero-coupon instrument or a bond where the principal was returned at par upon maturity, consistent with its listed market price of 100% prior to its redemption. The payment frequency, noted as '1', corresponds to the singular principal repayment event upon its maturation. The successful and timely redemption signifies that La Banque Postale fulfilled its obligations to bondholders, ensuring the principal amount was returned as scheduled. |