Bond La Poste Banque 0% ( FR0128195619 ) in EUR

Issuer La Poste Banque
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0128195619 ( in EUR )
Interest rate 0%
Maturity 07/02/2024 - 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.

**FR0128195619 Zero-Coupon Bond Issued by La Banque Postale Reaches Maturity** A specific financial instrument, identified by its ISIN code FR0128195619, has recently concluded its lifecycle within the fixed-income market. This particular bond, issued by La Banque Postale, a prominent financial institution based in France, was denominated in Euros (EUR) and carried a zero-coupon interest rate, a characteristic signifying that it did not yield periodic interest payments but was structured for repayment at its nominal value upon maturity. La Banque Postale, the issuer of this debt instrument, stands as a key player in the French banking sector. As a subsidiary of La Poste Group, the national postal service, it leverages an extensive network of post offices across the country, providing a wide array of financial services ranging from retail banking and savings products to insurance and asset management. Its distinct public service mission emphasizes financial inclusion and accessibility, serving a broad customer base throughout France. Originally issued in France, this bond reached its stipulated maturity date on February 7, 2024. As per the terms of its issuance, and consistent with its zero-coupon structure, the principal value of 100% was repaid to bondholders on this date, signifying the successful completion of its financial cycle, with the single repayment frequency aligning with its zero-coupon design where the principal is returned at maturity.