Bond Brazilia 0% ( BRSTNCLTN7R3 ) in BRL
Issuer | Brazilia |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 01/10/2021 - Bond has expired |
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Minimal amount | 1 000 BRL |
Total amount | 267 706 189 000 BRL |
Detailed description |
Brazil is a geographically vast South American nation encompassing diverse ecosystems, a rich cultural heritage influenced by indigenous, European, and African traditions, and a significant global economy. This article details the specifics of a fully matured and repaid sovereign bond, underscoring the orderly conclusion of its financial lifecycle. Issued by Brazil, a prominent South American nation and a significant participant in global sovereign debt markets, this bond exemplifies the nation's capacity to manage its financial obligations as an issuer. The bond, identified by the International Securities Identification Number (ISIN) BRSTNCLTN7R3, was denominated in Brazilian Real (BRL) and represented a substantial total issuance size of BRL 267,706,189,000, reflecting a large-scale government funding initiative within its domestic market. It was structured with a minimum purchase size of BRL 1,000, designed to be accessible to a range of investors. A key characteristic of this instrument was its 0% stated interest rate, indicating it was a zero-coupon bond, typically issued at a discount to its face value, with investor returns derived from the difference between the discounted purchase price and the full principal amount received at maturity. The bond reached its definitive maturity date on October 1, 2021, and was subsequently repaid, with its current market price noted at 100% at the point of redemption, confirming full principal repayment to bondholders. The single payment frequency, consistent with a zero-coupon structure, signifies that the entire principal amount was disbursed upon maturity, marking the successful fulfillment of the issuer's commitment. |