Bond Czechia 0% ( CZ0000701446 ) in CZK

Issuer	Czechia
Market price	100 % ⇌
Country	Czech Republic
ISIN code	CZ0000701446 ( in CZK )
Interest rate	0%
Maturity	12/09/2021 - Bond has expired
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Minimal amount	10 000 CZK
Total amount	/
Detailed description	The Czech Republic, a landlocked Central European country, boasts a rich history, vibrant culture encompassing Gothic architecture and classical music, and a thriving modern economy based on manufacturing and technology. An analysis of the bond identified by ISIN CZ0000701446 reveals a debt instrument issued by the Czech Republic that reached its maturity date on September 12, 2021, and has since been fully redeemed. The Czech Republic, a sovereign state located in Central Europe, serves as the issuer of this particular debt security; as a national government, it issues bonds to finance its public expenditures, manage its national debt, and support its economic policies, reflecting its creditworthiness as a sovereign entity. This specific obligation, denominated in Czech Koruna (CZK), was notably a zero-coupon bond, as indicated by its 0% interest rate, meaning investors would have received the face value at maturity, with the return derived from the difference between the purchase price and the par value. At its maturity, the bond was valued at 100% of its principal amount on the market, signifying its full repayment, and the minimum purchase size for this bond was set at 10,000 CZK. The stated payment frequency of '1' for this instrument aligns with the single principal repayment typical for a zero-coupon bond at its maturity date, confirming its successful retirement from the market.