Bond Germania 0% ( DE0001118958 ) in EUR

Issuer	Germania
Market price	100 % ⇌
Country	Germany
ISIN code	DE0001118958 ( in EUR )
Interest rate	0%
Maturity	01/09/2018 - Bond has expired
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Minimal amount	1 EUR
Total amount	3 998 006 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. A detailed review of the DE0001118958 bond, issued by the Federal Republic of Germany, provides insights into a specific segment of sovereign debt management. Germany, a global economic powerhouse and a cornerstone of the Eurozone, is internationally recognized for its exceptionally strong credit profile, fiscal discipline, and the inherent stability of its financial markets, making its sovereign debt highly sought after by investors. This particular fixed-income instrument, designated by ISIN DE0001118958, was a bond denominated in Euros (EUR) and originated from Germany as its country of issuance. Notably, the bond carried a zero percent (0%) interest rate, indicative of its structure potentially as a zero-coupon instrument or reflecting prevailing market conditions at the time of its initial offering. The total nominal value of this issuance amounted to 3,998,006 EUR, with a minimum bid size for acquisition set at 1 unit, allowing for granular participation. At the point of its final market pricing prior to redemption, the bond was valued at 100% of its nominal value. With a payment frequency of 1, indicating a single principal repayment at the end of its term, this bond reached its scheduled maturity on September 1, 2018. Following its maturity date, the obligation was duly retired, and all principal was fully repaid to bondholders, thereby concluding its lifecycle as a debt instrument of the German government.