Bond Bundesregierung 0% ( DE0001142586 ) in EUR
Issuer | Bundesregierung |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 04/01/2025 - Bond has expired |
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Minimal amount | 56 EUR |
Total amount | / |
Detailed description |
The German federal government, headed by the Chancellor and composed of various ministries, is responsible for areas like foreign policy, defense, and national economic policy, while significant powers remain with the sixteen state governments. An analysis of the recently matured German Federal Government bond, identified by ISIN DE0001142586, reveals key characteristics typical of sovereign debt instruments issued by the Federal Republic of Germany. The issuer, the central government of Germany, is widely recognized as a highly creditworthy sovereign entity within the Eurozone, responsible for managing the nation's public finances and funding its expenditures through various debt instruments, including bonds. As a cornerstone of the European economy, Germany's debt issuances are frequently viewed as benchmark securities in the Euro-denominated fixed-income market due to their liquidity and perceived safety. This particular security, denominated in Euro (EUR), was notably a zero-coupon bond, evidenced by its stated interest rate of 0%, meaning it did not provide periodic coupon payments to bondholders. Instead, the return on investment for such instruments typically stems from being purchased at a discount to its par value and subsequently redeemed at 100% of its nominal value upon maturity. The bond, issued out of Germany, specified a minimum trading lot size of 56 units. Its maturity date was set for January 4, 2025, at which point it was scheduled for a single principal repayment, effectively representing its sole 'payment frequency' as there were no recurring interest distributions. Confirming its lifecycle completion, the bond has indeed reached its maturity as of the specified date and has been fully redeemed at its par value of 100%, concluding its tenure as an active debt security. |