Bond BNP Paribas SA 0% ( XS2290233654 ) in HUF

Issuer BNP Paribas SA
Market price 100 %  ⇌ 
Country  France
ISIN code  XS2290233654 ( in HUF )
Interest rate 0%
Maturity 09/08/2024 - Bond has expired



Prospectus brochure in PDF format is unavailable at this time
We will provide it as soon as possible

Minimal amount 300 000 HUF
Total amount 200 100 000 HUF
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.

**BNP Paribas Bond XS2290233654 Reaches Maturity and Completes Redemption** **Paris, France ? August 9, 2024** ? The debt instrument identified by ISIN code XS2290233654, issued by BNP Paribas, has officially reached its maturity date today and has been fully redeemed. This marks the successful conclusion of the lifecycle for this particular bond, with its principal value repaid to investors as scheduled. This financial instrument, categorized as a bond, was originally issued from France and denominated in Hungarian Forints (HUF). A notable characteristic of this bond was its 0% interest rate, indicating it was structured either as a zero-coupon bond, where the investor's return was embedded in the initial discount to its par value, or as a principal-only repayment vehicle following any prior interest payments. The bond redeemed at 100% of its nominal value, reflecting the full par repayment to holders upon its maturity. The total issuance size of this bond was HUF 200,100,000, representing a significant offering within the Hungarian financial landscape. For prospective investors, the minimum purchase size was set at HUF 300,000, allowing for accessibility to a range of institutional investors and potentially sophisticated individual participants in the market. While the payment frequency was specified as '1', in the context of a 0% interest rate and a clear redemption event, this refers to the single, conclusive principal repayment that occurred at maturity, settling the bond's obligations. The issuer, BNP Paribas, is a globally recognized and leading financial services institution headquartered in Paris, France. As one of the largest banks in Europe and a prominent entity in the global banking sector, BNP Paribas operates across diverse segments, including Retail Banking & Services, Corporate & Institutional Banking (CIB), and International Financial Services. Its extensive operational network spans across 65 countries, providing comprehensive financial solutions to a broad spectrum of clients, ranging from individuals, entrepreneurs, and small and medium-sized enterprises (SMEs) to large corporations and institutional investors worldwide. The bank's consistent activity as an issuer of a wide array of financial instruments in international debt markets underscores its strategic funding initiatives and its pivotal role in facilitating global financial flows. The successful maturity and redemption of the XS2290233654 bond highlights the fundamental predictability inherent in fixed-income investments, where investors receive their principal back at a predetermined future date, effectively concluding their exposure to the specific instrument.