Bond La Poste Banque 0% ( FR0127897538 ) in EUR

Issuer La Poste Banque
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0127897538 ( in EUR )
Interest rate 0%
Maturity 10/11/2023 - 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, a key financial services subsidiary of France's national postal service La Poste, playing a crucial role in the French banking landscape with a broad range of retail banking, insurance, and asset management products, recently confirmed the successful maturity and repayment of one of its Euro-denominated bond offerings. This particular obligation, identified by the ISIN FR0127897538, was issued in France and featured a 0% interest rate, characteristic of a zero-coupon bond, which implies its valuation derived from a discount at issuance rather than periodic coupon payments. With a maturity date of November 10, 2023, the bond was quoted at 100% of its par value on the market as it approached its scheduled redemption. Consistent with its structure, the principal repayment frequency was a single event at its conclusion, signifying that this bond has now fully matured and its principal has been reimbursed to all bondholders.