Thematic Bonds

The history of Groupe BPCE is shaped by its cooperative values, which translate into a strong commitment to economic and social progress across the entire territory. Groupe BPCE systematically incorporates social and economic impacts into its decisions, considering its clients, members, employees, and society as a whole.
Groupe BPCE offers a comprehensive approach that takes into account planetary boundaries and societal needs, providing concrete solutions for all to support the transitions towards a more sustainable and inclusive world.
It is within this framework that Groupe BPCE has included the issuance of thematic bonds in its refinancing strategy since 2015, becoming a recurring and recognized issuer of green or social bonds.
This page introduces the thematic issuances done by Groupe BPCE, other than green, social, or transition.

European Defence Bonds

In a complex geopolitical environment and in the face of evolving threats, defense and security issues remain at the heart of the strategic challenges faced by France and Europe. The European strategic autonomy and national sovereignties depend in particular on an innovative and well-functioning Defense Technological and Industrial Base (DTIB).


Groupe BPCE, fully aware of these issues, reasserts its support to companies in this sector which often operate in both the civil and military fields.


Groupe BPCE’s European Defence bonds aim to support the Groups’ commitment to deploy solutions and offerings to the development of the defence and security sector, in line with its strategic project Vision 2030, the European Commission and France objectives.