Bond Germania 0% ( DE0001143766 ) in EUR
Issuer | Germania |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 15/05/2018 - Bond has expired |
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Minimal amount | 2 EUR |
Total amount | / |
Detailed description |
Germany is a federal parliamentary republic in Central Europe, with a highly developed social market economy and a rich history and culture. The DE0001143766 bond, a specific debt instrument issued by Germany, completed its lifecycle with its maturity on May 15, 2018, having been subsequently redeemed at 100% of its nominal value in Euro (EUR). As the issuer, Germany stands as a cornerstone of the Eurozone economy and a highly reputable sovereign borrower in global financial markets, known for its strong economic fundamentals, fiscal discipline, and an exceptionally high credit rating that makes its debt a benchmark for safety and stability. This particular obligation, identifiable by its ISIN DE0001143766, was characterized by a 0% interest rate, indicating it was likely structured as a zero-coupon bond, where investor returns are derived from the discount at which it was initially purchased relative to its par redemption value, rather than through periodic interest payments. With a minimum lot size for trading set at 2 units, it allowed for investor participation in increments of two bonds, and its payment frequency, effectively for the principal, was a single payout at maturity. The successful reimbursement of this bond at its maturity date confirms the fulfillment of Germany's financial obligations to its bondholders, concluding its journey in the fixed-income market. |