Bond La Poste Banque 0% ( XS2578369246 ) in USD

Issuer La Poste Banque
Market price 100 %  ⇌ 
Country  France
ISIN code  XS2578369246 ( in USD )
Interest rate 0%
Maturity 24/07/2023 - 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.

This financial instrument, identified by ISIN XS2578369246, represents a bond issued by La Banque Postale, a significant French financial institution and a key player within the broader La Poste Group, widely recognized for its comprehensive retail banking, insurance, and asset management services across France; originating from France, this particular bond was denominated in United States Dollars (USD) and featured a 0% interest rate, a characteristic typically associated with zero-coupon bonds where investors receive no periodic interest payments but rather a single payment at maturity that includes both principal and any accrued interest, consequently rendering a stated payment frequency of 2 inapplicable for coupon distributions; having reached its maturity date on July 24, 2023, this obligation, which was valued at 100% of its face value at redemption, has been fully repaid to its holders.