Bond Bundesregierung: Republik Österreich 0% ( AT0000A2Y990 ) in EUR

Issuer	Bundesregierung: Republik Österreich
Market price	100 % ⇌
Country	Austria
ISIN code	AT0000A2Y990 ( in EUR )
Interest rate	0%
Maturity	23/05/2048
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Minimal amount	1 EUR
Total amount	/
Detailed description	Austria's central government operates under a parliamentary system with a federal structure, comprising the Federal President, the Federal Government (Bundesregierung), and the Federal Parliament (Bundesversammlung). This financial instrument is a sovereign bond, identified by ISIN AT0000A2Y990, issued by the Republic of Austria, a central government renowned for its economic stability, prudent fiscal management, and strong credit standing as a key member of the European Union and the Eurozone, currently trading at its par value of 100% in EUR, which notably functions as a zero-coupon bond with a 0% interest rate, implying no periodic interest payments are distributed to bondholders, who instead await a single payment of the full principal amount upon the instrument's distant maturity on May 23, 2048, and is accessible to investors with a minimum tradable lot size of one unit.