Bond Belgian Central Authority 0% ( BE0312797690 ) in EUR

Issuer	Belgian Central Authority
Market price	100 % ⇌
Country	Belgium
ISIN code	BE0312797690 ( in EUR )
Interest rate	0%
Maturity	07/11/2024 - Bond has expired
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Detailed description	The Belgian federal government comprises a King, a Federal Government responsible for national affairs, and a bicameral parliament consisting of the Chamber of Representatives and the Senate. An overview of a specific debt instrument issued by the Kingdom of Belgium, identified by the ISIN code BE0312797690, indicates its recent conclusion in the financial markets. This bond, denominated in Euros (EUR), matured on November 7, 2024, at which point it was fully redeemed at 100% of its face value. The issuer, the Central Government of the Kingdom of Belgium, represents the sovereign state of Belgium, a federal parliamentary constitutional monarchy located in Western Europe. As a sovereign issuer, the Belgian government issues debt instruments like this bond to finance its public expenditures, manage its national debt, and fund various government projects and services. These instruments are generally considered to carry a high credit quality due to the issuing nation's taxing authority and economic stability. Key historical specifications for this particular bond included a 0% interest rate, indicating it was likely a zero-coupon bond or a bond structured not to pay periodic interest. Consequently, while the payment frequency was noted as '1', this would primarily pertain to the single principal repayment at maturity rather than recurring coupon distributions. As of its maturity date, the bond was fully repaid, meaning investors received 100% of their principal back, consistent with its final market valuation at redemption. This successful redemption underscores the issuer's commitment to fulfilling its financial obligations to its bondholders.