Bond La Banque Postale 0% ( XS2578369246 ) in USD
| Issuer | La Banque Postale | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country | France
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| ISIN code |
XS2578369246 ( in USD )
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| Interest rate | 0% | ||||||||
| Maturity | 24/07/2023 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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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. |
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