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ItalianoBond Switzerland 0% ( CH1145907353 ) in CHF
| Issuer | Switzerland | ||||||
| Market price | 100 % ⇌ | ||||||
| Country |  Switzerland
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| ISIN code |
 CH1145907353 ( in CHF )
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| Interest rate | 0% | ||||||
| Maturity | 06/02/2022 - Bond has expired | ||||||
| Minimal amount | 50 000 CHF | ||||||
| Total amount | 629 700 000 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 fixed-income instrument, specifically a bond identified by ISIN CH1145907353, was issued by Switzerland, a sovereign entity renowned for its exceptional financial stability, robust economic framework, and a consistently high credit rating on the global stage. The Swiss Confederation, as the issuer, benefits from a reputation for prudent fiscal management, which underpins the reliability of its debt obligations and positions its issuances as highly secure assets within the global financial markets. This particular bond, denominated in Swiss Francs (CHF), a globally recognized safe-haven currency, had a substantial total issue size of CHF 629,700,000, with a minimum lot for acquisition set at CHF 50,000. Notably, the bond carried a zero percent interest rate, indicating it was likely a zero-coupon instrument or a bond where principal repayment constituted the sole return to investors at maturity. It reached its maturity date on June 2, 2022, and has since been fully redeemed at its par value, as evidenced by its final market price, which stood at 100% upon repayment. This successful redemption underscores the issuer's steadfast commitment to its financial obligations and the inherent security associated with sovereign debt issued by Switzerland. |
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