Bond Banque Palatine Privée 0% ( FR0128501741 ) in EUR

Issuer Banque Palatine Privée
Market price 100 %  ⇌ 
Country  France
ISIN code  FR0128501741 ( in EUR )
Interest rate 0%
Maturity 29/05/2024 - Bond has expired



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Detailed description Banque Palatine is a French private bank offering wealth management, investment banking, and corporate banking services, primarily to high-net-worth individuals and businesses.

An informative update regarding the fixed-income market confirms the recent maturity and redemption of a specific bond instrument issued by Banque Palatine, identified by its ISIN FR0128501741. This particular bond, originating from France and denominated in EUR, featured a 0% coupon rate with a maturity date of May 29, 2024, and was scheduled for an annual payment frequency, though its zero-coupon nature rendered this moot. Banque Palatine, a distinguished French private bank, is a key player in wealth management and corporate finance, operating as a constituent entity within the larger Groupe BPCE, one of France's preeminent banking organizations known for its extensive financial services. As of its maturity date, the bond was quoted at 100% of its nominal value on the market and has since been fully reimbursed to its holders, signifying the successful completion of its financial cycle.