Bond Germania 0% ( DE0001118974 ) in EUR

Issuer	Germania
Market price	100 % ⇌
Country	Germany
ISIN code	DE0001118974 ( in EUR )
Interest rate	0%
Maturity	01/10/2018 - Bond has expired
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Minimal amount	1 EUR
Total amount	7 364 330 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. This financial article details the characteristics of the DE0001118974 bond, a specific debt instrument issued by the Federal Republic of Germany, a highly-rated sovereign entity recognized globally for its robust economic stability and prudent fiscal management as a cornerstone of the Eurozone; this particular obligation, denominated in EUR, featured a 0% interest rate, indicating its structure as a zero-coupon bond, and represented a total issuance nominal value of 7,364,330 EUR, with a minimum lot size for investment set at 1 EUR; having reached its scheduled maturity date on October 1, 2018, and showing a market price of 100% at that time, this bond, characterized by its single principal repayment frequency, has been fully redeemed and repaid to its bondholders.