Bond Austrian 0% ( XS2219268468 ) in USD
Issuer | Austrian |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 17/02/2021 - Bond has expired |
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Minimal amount | / |
Total amount | / |
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. Identified by ISIN XS2219268468, this particular bond was issued by Austria, a prominent sovereign entity with a long-standing presence in international debt capital markets, from its country of issuance. Denominated in USD, the bond featured a distinctive 0% interest rate, indicating its structure as a zero-coupon instrument, where returns for investors were realized through the difference between the purchase price and the par value upon maturity, rather than periodic coupon payments, despite a stated payment frequency of two which would typically refer to semi-annual accrual or reporting periods. The bond reached its full maturity on February 17, 2021, and was observed to be trading at 100% of its face value on the market at that time, confirming its successful redemption; this debt instrument has since been fully repaid, completing its life cycle. |