Bond Germania 0% ( DE0001137610 ) in EUR

Issuer	Germania
Market price	100 % ⇌
Country	Germany
ISIN code	DE0001137610 ( in EUR )
Interest rate	0%
Maturity	12/04/2017 - Bond has expired
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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 examination of the bond market reveals the characteristics of a specific sovereign debt instrument: the DE0001137610 bond, issued by Germany, which concluded its lifecycle in April 2017. As a highly reputable sovereign entity within the Eurozone, Germany consistently stands as one of the most stable and creditworthy issuers of government debt globally, with its robust economy and stringent fiscal policies contributing to its low borrowing costs and the perception of its bonds as safe-haven assets. This particular security, identified by the ISIN DE0001137610, was a Euro-denominated bond with a total original issue size of 2,000,000,000 EUR, characterized by a 0% interest rate, making it a zero-coupon instrument, meaning investors did not receive periodic interest payments but rather purchased the bond at a discount and received its full face value at maturity. The minimum lot size for this bond was set at a single unit, allowing for broad investor participation. Issued from Germany itself, the bond reached its maturity date on April 12, 2017, and has since been fully redeemed and repaid, concluding its lifecycle in the financial markets, with its market price at maturity recorded at 100%, indicating full principal repayment as expected for a sovereign issue upon its expiration, where the single payment frequency refers to the principal repayment upon maturity for this zero-coupon structure.