ItalianoBond Groupe BPCE 0% ( FR0128191303 ) in EUR
| Issuer | Groupe BPCE |
| Market price | 100 % ⇌ |
| Country |  France
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| ISIN code |
 FR0128191303 ( in EUR )
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| Interest rate | 0% |
| Maturity | 28/08/2024 - Bond has expired |
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| Minimal amount | / |
| Total amount | / |
| Detailed description |
The second-largest banking group in France, comprising the Banque Populaire and Caisse d'Épargne networks. A bond issued by BPCE, identified by the ISIN code FR0128191303, reached its maturity date on August 28, 2024, and has been successfully redeemed, confirming the full repayment of principal to bondholders. Groupe BPCE, the issuer of this debt instrument, is France's second-largest banking group, formed from the strategic merger of Groupe Caisse d'Épargne and Groupe Banque Populaire. Headquartered in France, BPCE holds a significant position in the European financial landscape, offering a wide array of banking and insurance services to individuals, professionals, and corporations globally. This specific bond, denominated in Euros (EUR) and issued under French jurisdiction, notably carried a 0% interest rate, classifying it as a zero-coupon bond. Such instruments are typically issued at a discount, with the investor's return realized upon the single principal repayment at par upon maturity, reflecting the reported market price of 100% at redemption. While a payment frequency of '1' was specified, for a zero-coupon bond, this refers to the single lump-sum payment of the principal at the end of the term. The successful maturity and redemption on August 28, 2024, underscore BPCE's commitment to fulfilling its financial obligations, marking the orderly conclusion of this particular debt issuance. |