Bond Austrian 3.4% ( AT0000A0U3T4 ) in EUR

Issuer	Austrian
Market price	100 % ⇌
Country	Austria
ISIN code	AT0000A0U3T4 ( in EUR )
Interest rate	3.4% per year ( payment 1 time a year)
Maturity	22/11/2022 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	10 546 375 000 EUR
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. The Republic of Austria, a well-established and highly-rated sovereign entity within the Eurozone, recently concluded the full redemption of a significant bond issuance, underscoring its commitment to timely debt repayment. This particular fixed-income instrument, identified by its ISIN AT0000A0U3T4 and issued by Austria from its home country, featured an annual interest rate of 3.4%. Representing a substantial total issue size of EUR 10,546,375,000, this bond was made accessible to a broad range of investors, available in minimum lot increments of EUR 1,000. The bond reached its scheduled maturity date on November 22, 2022, and was subsequently reimbursed at 100% of its principal value, reflecting its final market price at par. This successful and timely repayment demonstrates the Republic of Austria's strong financial standing and its reliability as a sovereign issuer, fulfilling its obligations to bondholders by returning their capital in full upon maturity, a testament to the stability typically associated with debt instruments from robust European economies.