Bond Bundesregierung 0% ( DE0003811568 ) in EUR
Issuer | Bundesregierung |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 15/08/2038 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 25 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. Identified by ISIN DE0003811568, this fixed-income instrument was issued by the Federal Republic of Germany, the sovereign central government of one of Europe's largest economies and a key member of the Eurozone, renowned for its strong credit profile and role as a benchmark issuer in global financial markets. Denominated in EUR, the bond featured a 0% interest rate, characteristic of a zero-coupon instrument, and carried an original maturity date of August 15, 2038, with a minimum tradable denomination of 25 units. This obligation, designed for a single principal payment at redemption, has now reached its full maturity and has been repaid to its holders at its 100% nominal value, reflecting its final market price at the time of redemption. |