Bond La Poste Banque 0% ( FR0128499789 ) in EUR

Issuer La Poste Banque
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0128499789 ( in EUR )
Interest rate 0%
Maturity 11/11/2024 - 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.

The lifecycle of a particular debt instrument, identified by the ISIN code FR0128499789, has recently concluded with its successful redemption, marking a notable event in the fixed-income market. Issued by La Banque Postale, a significant player within the French financial landscape and the banking subsidiary of the La Poste group?a major public services provider in France?this bond was denominated in Euro (EUR) and originated from France. La Banque Postale distinguishes itself through its extensive network and its commitment to a public service mission, offering a wide range of retail banking, insurance, and asset management services to individuals, businesses, and local authorities across the country, with its robust standing underpinning the reliability of its financial instruments. This specific bond reached its maturity date on November 11, 2024, at which point it was fully redeemed at 100% of its nominal value, signifying a principal repayment at par. Notably, the bond featured a 0% interest rate and a payment frequency of '1', indicating it was likely structured as a zero-coupon bond where the return to investors is typically realized through a discount on the issue price, with the single principal payment upon maturity constituting the sole financial outflow to bondholders. The successful repayment of this bond on its maturity date underscores the orderly conclusion of its financial lifecycle and reflects the issuer's commitment to its debt obligations.