Bond Slesvig-Holsten 0% ( DE000SHFM303 ) in EUR

Issuer	Slesvig-Holsten
Market price	100 % ⇌
Country	Germany
ISIN code	DE000SHFM303 ( in EUR )
Interest rate	0%
Maturity	05/03/2019 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	200 000 000 EUR
Detailed description	Schleswig-Holstein is a northern German state bordering Denmark and the Baltic and North Seas, known for its picturesque coastline, historic castles, and significant role in German history. A financial instrument that has recently reached the end of its lifecycle is the bond, identified by ISIN DE000SHFM303, issued by Schleswig-Holstein, the northernmost of Germany's sixteen federal states, an entity that finances its public projects and budget through such debt issuances, benefiting from its position within the stable economic framework of Germany as the country of issuance. This Euro-denominated bond, part of a total emission size of 200,000,000 EUR with a minimum lot size of 1,000 EUR, was structured with a 0% interest rate, indicating it was a zero-coupon bond where no periodic interest payments were made, and despite an indicated current market price of 100% prior to its conclusion, the security, which had a singular payment event for its principal, successfully reached its maturity date on March 5, 2019, and has since been fully repaid to investors.