Bond Catalunya 5.48% ( XS0427471148 ) in EUR
Issuer | Catalunya | ||
Market price | ![]() |
||
Country | ![]() |
||
ISIN code |
![]() |
||
Interest rate | 5.48% per year ( payment 1 time a year) | ||
Maturity | 10/05/2029 | ||
|
|||
Minimal amount | 1 000 000 EUR | ||
Total amount | 70 000 000 EUR | ||
Next Coupon | 11/05/2026 ( In 234 days ) | ||
Detailed description |
Catalonia is an autonomous community in northeastern Spain with a distinct culture, language (Catalan), and a history of striving for greater self-governance. A recent bond issuance by the Autonomous Community of Catalonia, identified by ISIN code XS0427471148, offers investors a fixed-income opportunity denominated in Euros. The issuer, the Autonomous Community of Catalonia, is one of Spain's 17 autonomous communities, located in the northeastern part of the Iberian Peninsula. As a significant economic powerhouse within Spain, Catalonia boasts a diverse industrial base, a strong tourism sector, and a vibrant cultural heritage. Its status as an autonomous community grants it substantial self-governing powers, including the ability to issue debt to finance its public services, infrastructure projects, and regional development initiatives. These bonds are instruments through which the regional government secures funding from the capital markets, reflecting its creditworthiness and fiscal standing within the broader Spanish sovereign context. This specific bond, issued in Spain, is currently trading at 100% of its nominal value, indicating that it is priced at par in the secondary market. Denominated in EUR, the bond carries an attractive annual interest rate, or coupon, of 5.48%. The total size of this particular bond issuance stands at 70,000,000 EUR, representing a substantial capital raise for the regional government. A key characteristic of this offering is the minimum purchase size, set at 1,000,000 EUR. This high minimum threshold suggests that the bond is primarily targeted towards institutional investors, large corporate entities, or high-net-worth individuals, rather than retail investors, emphasizing its role in the wholesale capital markets. The bond has a defined maturity date of May 10, 2029, providing investors with a clear timeframe for the return of their principal. Interest payments are structured to occur annually, with a frequency of 1, ensuring a predictable income stream for bondholders over the term of the investment. |