Bond Czechia 0% ( CZ0000703103 ) in CZK

Issuer	Czechia
Market price	100 % ⇌
Country	Czech Republic
ISIN code	CZ0000703103 ( in CZK )
Interest rate	0%
Maturity	17/09/2023 - 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. This financial instrument, identified by ISIN code CZ0000703103, was a bond issued by the Czech Republic, a sovereign state located in Central Europe and a member of the European Union, recognized for its stable economic environment and investment-grade sovereign debt. Originating from its domestic market, this bond was denominated in Czech Koruna (CZK). A notable characteristic was its 0% interest rate, indicating that the instrument did not provide periodic coupon payments to investors. The minimum investment threshold for this specific bond was set at 10,000 CZK. With its maturity date definitively set for September 17, 2023, and a stated payment frequency of 1, which in this context refers to the single principal repayment at the end of its term, the bond has successfully reached its expiration. It was redeemed at its full nominal value, reflected by a 100% market price at maturity, thereby ensuring the full return of principal to bondholders as scheduled.