Bond Austrian 0% ( XS1540965073 ) in GBP

Issuer Austrian
Market price 100 %  ⇌ 
Country  Austria
ISIN code  XS1540965073 ( in GBP )
Interest rate 0%
Maturity 21/09/2017 - Bond has expired



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Minimal amount 100 000 GBP
Total amount 50 000 000 GBP
Detailed description Austria is a landlocked, mountainous country in Central Europe known for its rich history, stunning alpine scenery, classical music heritage, and vibrant culture.

An historical financial review details the bond identified by ISIN XS1540965073, a sovereign debt instrument issued by the Republic of Austria, a well-established and highly rated European state, which was denominated in British Pounds (GBP) and featured a 0% interest rate, effectively making it a zero-coupon bond, with a total issuance size of 50,000,000 and a minimum lot size for acquisition of 100,000, that was reported at a market price of 100% and had a payment frequency of one before reaching its maturity on September 21, 2017, and has since been fully redeemed by the issuer, Austria, thereby concluding its financial obligations.