Bond Germania 0% ( DE0001116028 ) in EUR
Issuer | Germania |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 27/02/2013 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 1 EUR |
Total amount | 3 000 000 000 EUR |
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 in-depth review of the bond identified by International Securities Identification Number (ISIN) DE0001116028 offers insight into a specific issuance by the Federal Republic of Germany, a globally recognized and highly creditworthy sovereign issuer that plays a pivotal role in the Eurozone and international financial markets, with its government bonds frequently serving as benchmarks for European debt. This particular fixed-income instrument, a zero-coupon bond denominated in Euros (EUR), was part of a substantial offering with a total issue size amounting to EUR 3,000,000,000, underlining Germany's significant borrowing capacity in the capital markets. Originating from Germany as its country of issue, the bond featured a 0% interest rate, indicating that investors did not receive periodic coupon payments but instead acquired the bond at a discount to its par value, with the expectation of receiving 100% of its nominal value upon maturity. Designed for broad accessibility, the bond had a minimal lot size of 1 unit, catering to a wide range of investors. The maturity date for this instrument was set for February 27, 2013, and as confirmed, this bond has successfully reached its maturity and subsequently been fully redeemed, fulfilling the issuer's financial obligations and concluding its lifecycle in the fixed-income market. |