Bond Bundesregierung 0% ( DE0001143477 ) in EUR
Issuer | Bundesregierung |
Market price | ![]() |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 0% |
Maturity | 04/07/2044 |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | 33 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. The Federal Republic of Germany, a leading and highly-rated sovereign entity within the Eurozone and a benchmark issuer of government debt, has an outstanding fixed-income instrument, identifiable by ISIN DE0001143477, which is a zero-coupon bond issued from Germany and denominated in EUR, characterized by its 0% interest rate, meaning it provides no periodic coupon payments to bondholders; currently trading at 100% of its par value on the market, this long-dated security, with a maturity date of July 4, 2044, implies a zero-percent yield to maturity for investors acquiring it at this price, while the minimum purchase size is 33 units, with its single payment frequency referring to the full principal redemption occurring solely at its distant maturity. |