Bond Australis 0% ( AU2CLT231003 ) in AUD

Issuer	Australis
Market price	100 % ⇌
Country	Australia
ISIN code	AU2CLT231003 ( in AUD )
Interest rate	0%
Maturity	23/10/2020 - Bond has expired
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Minimal amount	5 000 AUD
Total amount	12 250 000 000 AUD
Detailed description	Australia is a continent and country encompassing diverse landscapes, unique flora and fauna, and a multicultural society with a history shaped by Indigenous cultures and European colonisation. A significant sovereign debt instrument, identified by ISIN AU2CLT231003, issued by the Commonwealth of Australia, reached its maturity on October 23, 2020, and has subsequently been fully repaid. This bond, denominated in Australian Dollars (AUD), was noteworthy for its zero-coupon structure, indicated by a 0% interest rate, meaning investors did not receive periodic interest payments but rather acquired the bond at a discount and were repaid its full face value at maturity. The issuer, Australia, is recognized as a highly stable and creditworthy sovereign entity on the global financial stage, renowned for its robust economic framework and well-developed capital markets, with its government bonds widely regarded as secure investments for both institutional and retail participants. With a total issue size of AUD 12,250,000,000 (twelve billion two hundred fifty million Australian dollars), this instrument represented a substantial financing vehicle for the Australian government. The minimum purchase size for this specific bond was set at AUD 5,000. Upon its maturity, the bond was redeemed at 100% of its principal value, concluding its lifecycle within the financial markets and affirming Australia's commitment to honoring its financial obligations.