Bond Bundesregierung 0% ( DE000BU4K013 ) in EUR
Issuer | Bundesregierung |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 15/08/2033 - Bond has expired |
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Minimal amount | / |
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 Central government of the Federal Republic of Germany, a highly-regarded sovereign entity recognized for its strong economic fundamentals and stability within the European Union, has successfully completed the redemption of its DE000BU4K013 bond, a EUR-denominated zero-interest obligation that matured on August 15, 2033, which was repaid at its par value of 100% after having been structured with an annual payment frequency. |