Bond Berlino 0.75% ( DE000A1YC7R1 ) in EUR

Issuer	Berlino
Market price	100 % ⇌
Country	Germany
ISIN code	DE000A1YC7R1 ( in EUR )
Interest rate	0.75% per year ( payment 1 time a year)
Maturity	14/03/2018 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	500 000 000 EUR
Detailed description	Berlin, Germany's capital, is a vibrant city renowned for its rich history, diverse culture, thriving art scene, and iconic landmarks such as the Brandenburg Gate and the Reichstag Building. This report provides a detailed overview of a specific fixed-income security, ISIN DE000A1YC7R1, issued by the Free State of Berlin, which has subsequently matured and been fully repaid. The issuer, Berlin, represents one of Germany's 16 federal states and is a significant participant in the sovereign and municipal debt markets. Bonds issued by Berlin are typically viewed as robust investment vehicles, underpinned by the economic strength and fiscal stability of Germany, an AAA-rated sovereign. This particular Euro-denominated bond carried a coupon rate of 0.75%, with interest payments made annually. The total volume of the issuance stood at EUR 500,000,000, catering to both institutional and retail investors with a minimum purchase increment of EUR 1,000. With its current market price at 100% (par) at the time of its active phase, it reflected the prevailing low-yield environment for high-quality sovereign-backed debt in Germany. The bond reached its scheduled maturity on March 14, 2018, and as confirmed by the issuer, the instrument has been fully redeemed, signifying the complete repayment of its principal and final interest obligations to all bondholders. Consequently, this bond no longer trades and serves as a historical reference point for the market's pricing of German federal state debt during that period.