Bond La Poste Banque 0% ( FR0128346733 ) in EUR

Issuer La Poste Banque
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0128346733 ( in EUR )
Interest rate 0%
Maturity 22/07/2024 - 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.

A financial update pertains to the debt instrument identified by ISIN FR0128346733, a bond issued by La Banque Postale. This Euro-denominated security, originating from France, reached its stipulated maturity date on July 22, 2024. Characterized by a zero-percent interest rate, suggesting its structure as a zero-coupon bond, this instrument was valued at 100% of its face value upon its final settlement, implying a single principal payment upon maturity. La Banque Postale, the issuing entity, stands as a significant French financial institution, operating as a key subsidiary of the state-owned La Poste group. Leveraging the extensive national postal network, La Banque Postale offers comprehensive retail banking, insurance, and asset management services to a diverse clientele including individuals, professionals, and public sector entities throughout France, distinctively integrating a public service mission with its commercial banking activities. The aforementioned bond has now completed its full term, having been successfully redeemed and repaid to its bondholders, thereby concluding its outstanding debt obligation in the market.