Bond Bundesregierung 0% ( DE0003811576 ) in EUR
Issuer | Bundesregierung |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 15/08/2039 - Bond has expired |
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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. This analysis pertains to the sovereign fixed-income instrument identified by ISIN DE0003811576, which was issued by the Federal Republic of Germany, the central government of Germany, a highly-rated sovereign entity widely recognized for its strong economic fundamentals and exceptional creditworthiness within the Eurozone, and which, having been denominated in EUR and notably carrying a 0% interest rate characteristic of a zero-coupon bond, with a minimum lot size of 25 units, reached its scheduled maturity date on August 15, 2039, and has since been fully redeemed at its recorded market price of 100% of nominal value, concluding its lifecycle as a financial obligation. |