Bond La Poste Banque 0% ( XS2697984248 ) in GBP

Issuer La Poste Banque
Market price 100 %  ⇌ 
Country  France
ISIN code  XS2697984248 ( in GBP )
Interest rate 0%
Maturity 29/01/2024 - 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.

An examination of the fixed-income instrument identified by ISIN XS2697984248 reveals it to be a bond issued by La Banque Postale, a significant French financial services provider. La Banque Postale, an integral component of the wider La Poste Group, distinguishes itself through its comprehensive range of banking, insurance, and asset management services, catering to a diverse clientele including individuals, professionals, and public sector entities across France, underpinned by its historical public service mission and extensive postal network. Originating from France and denominated in Great British Pounds (GBP), this specific bond was notable for its zero-coupon structure, carrying an interest rate of 0%, which implied no recurring interest payments during its lifecycle. The instrument reached its scheduled maturity date on January 29, 2024, at which point its market valuation was 100% of its principal value. Following its maturity, this bond has been definitively redeemed, successfully concluding its financial lifecycle and no longer actively traded in the market.