Bond Lusitania 4.2% ( PTOTE6OE0006 ) in EUR
Issuer | Lusitania |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 4.2% per year ( payment 1 time a year) |
Maturity | 15/10/2016 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 1 EUR |
Total amount | 6 185 000 000 EUR |
Detailed description |
Portugal, a southwestern European country, boasts a diverse landscape ranging from dramatic coastline to rolling hills and mountains, a rich history evident in its numerous castles and historic cities, and a vibrant culture renowned for its Fado music, delicious cuisine, and world-class wines. This financial review focuses on a specific sovereign bond, identified by ISIN PTOTE6OE0006, issued by Portugal, a prominent member state of the European Union and the Eurozone. As an issuer, the Portuguese Republic maintains a long-standing presence in international capital markets, leveraging debt instruments to fund its fiscal operations and manage its national debt. This particular obligation, denominated in EUR, represented a total issuance size of 6,185,000,000 Euros, offering investors an attractive annual interest rate of 4.2%, with payments scheduled once per year. Initially accessible for acquisition in minimum units of 1, this bond reached its full maturity on October 15, 2016. At the time of its final settlement, its market price stood at 100% of its nominal value, and it has since been fully repaid, confirming its successful redemption to all bondholders. |