Bond Hispania 0% ( ES0L02310065 ) in EUR

Issuer	Hispania
Market price	100 % ⇌
Country	Spain
ISIN code	ES0L02310065 ( in EUR )
Interest rate	0%
Maturity	06/10/2023 - Bond has expired
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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. An overview of the financial instrument designated by ISIN ES0L02310065 identifies it as a sovereign bond, with the Kingdom of Spain serving as the issuing entity. Spain, a major economy within the Eurozone and a long-standing member of the European Union, is recognized as a significant sovereign borrower in international capital markets, consistently raising funds to support its budgetary requirements and strategic public investments. This particular obligation was denominated in Euros (EUR) and carried a zero percent (0%) interest rate, characteristic of a zero-coupon bond, which means no periodic interest payments were made and its value at maturity was 100% of its face value, as is standard for redemption. The bond's definitive maturity date was established as October 6, 2023. As officially confirmed, this bond has successfully reached its scheduled maturity and the principal amount has been fully reimbursed to the bondholders, effectively completing its term and being settled within the issuer's debt management operations.