Bond Germania 0% ( DE0001119501 ) in EUR

Issuer	Germania
Market price	100 % ⇌
Country	Germany
ISIN code	DE0001119501 ( in EUR )
Interest rate	0%
Maturity	10/02/2016 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 EUR
Total amount	2 000 000 000 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 analysis of the DE0001119501 bond reveals a financial instrument issued by Germany, a highly regarded sovereign entity in global capital markets. As a cornerstone of the Eurozone and a leading European economy, Germany benefits from exceptional credit standing, often viewed as a safe-haven issuer for investors seeking stability and reliability in their fixed-income portfolios. This particular bond, identified by its ISIN DE0001119501, was issued in Germany, denominated in Euros (EUR). The total issue size amounted to a substantial EUR 2,000,000,000, with a minimum lot size for investment set at 1. Notably, this bond featured a 0% coupon rate, classifying it as a zero-coupon bond, implying it was likely issued at a discount to its par value and designed to be redeemed at 100% upon maturity. While a payment frequency of 1 is indicated, for a zero-coupon instrument, this effectively means no periodic interest payments were made, with the return derived from the difference between the purchase price and the redemption value. The bond reached its maturity on February 10, 2016, at which point its market price was noted at 100%, confirming full repayment to bondholders as it has since been redeemed and is no longer outstanding.