Bond BNP Paribas SA 0% ( XS0243184784 ) in EUR
Issuer | BNP Paribas SA | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 0% | ||
Maturity | 24/02/2009 - Bond has expired | ||
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Minimal amount | / | ||
Total amount | / | ||
Detailed description |
BNP Paribas is a leading international banking group providing a wide range of financial services including retail banking, investment banking, asset management, and corporate and institutional banking to individuals, businesses, and governments worldwide. An analysis of the debt instrument identified by ISIN code XS0243184784, issued by the globally significant financial institution BNP Paribas, provides insight into a specific segment of its historical funding strategy. BNP Paribas, a prominent European banking and financial services group headquartered in France, frequently leverages the debt capital markets to manage its liquidity and capital structure, making its issuances key indicators for market observers. This particular bond, denominated in Euros (EUR) and originating from France, possessed distinctive characteristics: it was structured as a zero-coupon bond, as evidenced by its stated interest rate of 0%. Unlike conventional bonds that distribute periodic interest payments, zero-coupon instruments are typically issued at a discount to their face value, with the investor's return derived solely from receiving the full par value upon maturity. The reported "current market price" of 100% should therefore be understood in the context of its principal repayment at par. The bond reached its definitive maturity on February 24, 2009, at which point it was fully redeemed. The 'payment frequency' of '1' for this security confirms the single, final principal repayment event, characteristic of a zero-coupon structure, rather than recurring coupon distributions. This completed transaction underscores BNP Paribas's adherence to its financial commitments and represents a fully executed component of its past debt portfolio. |