Bond Lusitania 0% ( PTPBTXGE0034 ) in EUR

Issuer	Lusitania
Market price	100 % ⇌
Country	Portugal
ISIN code	PTPBTXGE0034 ( in EUR )
Interest rate	0%
Maturity	22/09/2017 - Bond has expired
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Minimal amount	1 EUR
Total amount	3 464 952 000 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. A detailed review of historical sovereign debt instruments reveals the successful maturity and repayment of the bond identified by ISIN PTPBTXGE0034, issued by Portugal. As a sovereign state and integral member of the Eurozone, Portugal regularly engages with global capital markets to manage its national debt and fund public expenditures, with its bond issuances serving as key indicators of its financial standing and economic policies within the broader European framework. This particular bond, denominated in Euros (EUR), represented a substantial issuance with a total size of EUR 3,464,952,000. A notable feature of this instrument was its 0% interest rate, categorizing it as a zero-coupon bond; such bonds are typically sold at a discount to their face value, with investors' returns realized through the appreciation to par at maturity rather than through periodic coupon payments, culminating in a single payment at maturity. The bond's market price at the time of its redemption was 100% of its face value, reflecting its final repayment. With a minimum purchase size of 1 unit, the instrument reached its scheduled maturity date on September 22, 2017. Crucially, the bond has been confirmed as having matured and been fully repaid by the Portuguese state, underscoring the issuer's timely fulfillment of its obligations to bondholders.