Bond Germania 0% ( DE0001104750 ) in EUR

Issuer	Germania
Market price	100 % ▼
Country	Germany
ISIN code	DE0001104750 ( in EUR )
Interest rate	0%
Maturity	11/03/2021 - Bond has expired
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Minimal amount	1 EUR
Total amount	9 000 000 000 EUR
Standard & Poor's ( S&P ) rating	/
Moody's rating	/
Detailed description	Germany is a federal parliamentary republic in Central Europe, with a highly developed social market economy and a rich history and culture. An analysis of a specific sovereign debt instrument reveals insights into the German debt market, exemplified by the bond identified under ISIN DE0001104750. The issuer, Germany, stands as a premier sovereign entity within the global financial landscape, renowned for its robust economy and fiscal discipline as a leading member of the Eurozone; its government bonds, commonly referred to as Bunds, are highly regarded benchmarks for stability and liquidity. This particular bond, issued by Germany within its own national borders, had a total issuance size reaching EUR 9,000,000,000, indicating a substantial fundraising exercise by the German Treasury, and was characterized by a 0% interest rate, functioning as a zero-coupon instrument with its value entirely derived from its eventual redemption at par, which occurred on its maturity date of March 11, 2021. As of its maturity, the bond was fully redeemed at 100% of its face value, reflecting its complete repayment to investors; the specified payment frequency of '1' further reinforced its structure, implying a single principal payment upon maturity, consistent with its zero-coupon nature, and investors could acquire this bond with a minimum lot size of 1 unit, enhancing its accessibility. The bond has since reached its full term and has been entirely reimbursed, concluding its lifecycle within the financial market.