Bond Czechia 0% ( CZ0001005615 ) in CZK

Issuer Czechia
Market price 100 %  ⇌ 
Country  Czech Republic
ISIN code  CZ0001005615 ( in CZK )
Interest rate 0%
Maturity 07/12/2018 - Bond has expired



Prospectus brochure in PDF format is unavailable at this time
We will provide it as soon as possible

Minimal amount 1 000 000 CZK
Total amount 45 CZK
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.

A detailed review of the debt instrument identified by ISIN CZ0001005615, a bond issued by the Czech Republic, offers insights into its characteristics and redemption. The Czech Republic, as a sovereign entity and a member state of the European Union, is a prominent issuer in the international and domestic debt markets, leveraging its stable economic framework to finance national expenditures and investment initiatives. This particular bond, denominated in the Czech Koruna (CZK) and issued within the Czech Republic, carried a 0% interest rate, classifying it as a zero-coupon bond. Such instruments are acquired by investors at a discount to their face value and are subsequently redeemed at par upon maturity, eliminating periodic coupon payments. The bond's maturity date was December 7, 2018, and it has since successfully reached full redemption, as reflected by its stated status of having matured and been repaid. At the time of its final settlement, the bond was valued at 100% of its nominal value on the market, signifying its redemption at par. The total nominal value of this specific issuance amounted to CZK 45 billion, a substantial figure for a sovereign debt offering. Access to this instrument was structured with a minimum purchase lot of CZK 1,000,000, typically catering to institutional investors and large-scale financial entities. While the payment frequency was indicated as '1', in the context of a zero-coupon bond, this refers to the singular principal repayment event at the maturity date, rather than recurring interest disbursements. The successful and timely repayment of this bond underscores the Czech Republic's reliable fiscal management and commitment to its financial obligations in the global capital markets.