Bond Austrian 0% ( AT0000A0N9J1 ) in EUR
Issuer | Austrian |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 0% |
Maturity | 20/04/2018 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | 1 000 EUR |
Total amount | / |
Detailed description |
Austria is a landlocked, mountainous country in Central Europe known for its rich history, stunning alpine scenery, classical music heritage, and vibrant culture. An in-depth review of the AT0000A0N9J1 bond reveals the conclusion of its lifecycle, having successfully reached its maturity and subsequently been redeemed. Issued by the Republic of Austria, a highly regarded sovereign borrower within the Eurozone and a prominent member state of the European Union, this financial instrument underscored the nation's strong creditworthiness and stable economic environment. Austria is widely recognized for its robust public finances and consistent maintenance of high credit ratings, reflecting a low-risk profile for its debt obligations in the global financial markets. Identifiable by its ISIN code AT0000A0N9J1, the bond was denominated in Euros (EUR) and featured a 0% coupon rate, signifying it as a zero-coupon instrument. This characteristic meant that bondholders did not receive periodic interest payments throughout its tenure; instead, their return was typically realized from the discount at which the bond was purchased relative to its par value, or through its full redemption at face value upon maturity. With a minimum investment size set at 1,000 units, it was accessible to a range of investors. The bond's definitive maturity date was April 20, 2018. Confirming its status as a fully serviced debt instrument, the bond was successfully redeemed at 100% of its face value on the specified maturity date, indicating that all principal obligations to the bondholders were meticulously fulfilled as per the original terms of issuance. The reported 'payment frequency' of '1' for such a zero-coupon security refers to the singular principal repayment event at the end of its term, rather than regular coupon distributions, signifying the successful completion of its financial commitment. |