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ItalianoBond Switzerland 0% ( CH0510947572 ) in CHF
| Issuer | Switzerland | ||||||
| Market price | 100 % ⇌ | ||||||
| Country |  Switzerland
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| ISIN code |
 CH0510947572 ( in CHF )
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| Interest rate | 0% | ||||||
| Maturity | 10/01/2020 - Bond has expired | ||||||
| Minimal amount | 50 000 CHF | ||||||
| Total amount | 1 193 200 000 CHF | ||||||
| Detailed description |
Switzerland is a landlocked country in Europe known for its stunning alpine scenery, high standard of living, neutrality, and robust banking sector. A specific sovereign debt instrument, identified by International Securities Identification Number (ISIN) CH0510947572, reached its scheduled maturity on October 1, 2020, and has since been fully redeemed by its issuer, the Swiss Confederation. This bond, originally issued with an aggregate principal amount of CHF 1,193,200,000 and denominated in Swiss Francs, was characterized by a zero-coupon structure, meaning it yielded a 0% annual interest rate, with investor returns derived from its redemption at par, and had a minimum purchase increment set at CHF 50,000. The issuer, Switzerland, is globally recognized as one of the most stable and highly-rated sovereign entities, consistently holding top-tier credit ratings from major agencies, which underpins the safe-haven status of its debt instruments in international financial markets, reflecting the nation's robust economic fundamentals, prudent fiscal management, and strong institutional framework. Upon its maturity, the bond was successfully redeemed at 100% of its face value, signifying the orderly return of principal to all bondholders and concluding its lifecycle as a publicly traded security. |
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