Bond Belgica 0% ( BE0312783559 ) in EUR

Issuer	Belgica
Market price	100 % ⇌
Country	Belgium
ISIN code	BE0312783559 ( in EUR )
Interest rate	0%
Maturity	13/07/2022 - Bond has expired
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Minimal amount	1 EUR
Total amount	11 129 000 000 EUR
Detailed description	Belgium is a Western European country known for its diverse culture, including French, Dutch, and German-speaking communities, its rich history, and its prominent role in the European Union. This financial article details a specific zero-coupon bond, identified by ISIN BE0312783559, issued by the Kingdom of Belgium, a sovereign state with a well-established credit profile and a stable economy within the European Union. Denominated in EUR, this particular instrument had a substantial total issuance size of ?11,129,000,000, reflecting significant capital raising by the Belgian government for its budgetary requirements, and was accessible with a minimum purchase size of 1 unit. The bond, which originated and was issued in Belgium, carried a 0% interest rate, meaning investors would have purchased it at a discount to its face value, anticipating a return upon its redemption at par. With a payment frequency listed as 1, which for a zero-coupon bond denotes the single principal repayment, this debt instrument reached its maturity date on July 13, 2022, at which point it was fully redeemed at 100% of its market value, fulfilling its financial obligations to its bondholders.