Bond Germania 0% ( DE0001137586 ) in EUR
Issuer | Germania |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 23/08/2017 - Bond has expired |
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Minimal amount | 1 EUR |
Total amount | 1 500 000 000 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. A review of the bond identified by ISIN DE0001137586 reveals an instrument issued by the Federal Republic of Germany, a highly-regarded sovereign entity and the largest economy within the Eurozone, recognized for its strong credit profile and stable public finances. This specific obligation, denominated in Euros (EUR) and originating from Germany, matured on August 23, 2017, and has since been fully redeemed. Characterized by a 0% interest rate, it functioned as a zero-coupon bond, meaning investors received a single payment at maturity, which for this instrument was its par value of 100%. The total size of this issuance was EUR 1,500,000,000, with a minimum tradable unit established at 1, offering broad accessibility to the market. The redemption confirms the successful conclusion of the bond's lifecycle, with all obligations to bondholders fulfilled. |