Bond Hispania 0% ( ES0L02008149 ) in EUR

Issuer Hispania
Market price 100 %  ⇌ 
Country  Spain
ISIN code  ES0L02008149 ( in EUR )
Interest rate 0%
Maturity 14/08/2020 - Bond has expired



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Minimal amount 1 000 EUR
Total amount 7 144 492 000 EUR
Detailed description Spain, a geographically diverse country in Southwestern Europe, boasts a rich history, vibrant culture encompassing flamenco, diverse cuisine, and significant contributions to art, literature, and architecture.

A detailed financial analysis reveals the characteristics of a specific sovereign bond issued by Spain, a prominent member state of the European Union and the Eurozone, renowned for its active participation in international financial markets through its Tesoro Público (Treasury) as the official issuing body. This particular debt instrument, identified by its ISIN code ES0L02008149, was denominated in EUR, reflecting Spain's deep integration within the Eurozone's monetary system, and constituted a substantial issue with a total volume reaching EUR 7,144,492,000. Noteworthy for its zero-coupon structure, the bond carried a 0% interest rate, implying that investors acquired it at a discount from its face value and were entitled to receive the full principal amount at its maturity, which was precisely scheduled for August 14, 2020. The accessible minimum investment threshold for this bond was set at EUR 1,000, broadening its potential investor base. Consistent with its zero-coupon design and the associated lack of periodic coupon payments, the payment frequency was recorded as one, signifying a singular lump-sum repayment at the conclusion of its term rather than recurring interest distributions. As confirmed by official market records, this bond has successfully reached its designated maturity date and was fully repaid at 100% of its face value to all bondholders, thereby underscoring the issuer's robust fulfillment of its financial obligations.