Bond Grrmany 0% ( DE0001118990 ) in EUR
| Issuer | Grrmany | ||||||
| Market price | 100 % ⇌ | ||||||
| Country | Germany
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| ISIN code |
DE0001118990 ( in EUR )
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| Interest rate | 0% | ||||||
| Maturity | 10/31/2018 - Bond has expired | ||||||
| Minimal amount | 1 EUR | ||||||
| Total amount | 1 870 395 EUR | ||||||
| Detailed description |
Germany is a highly developed federal parliamentary republic in Central Europe, known for its strong economy, rich history, and significant contributions to science, technology, and the arts. This zero-coupon bond (ISIN: DE0001118990), issued by the Federal Republic of Germany, a major and highly-rated sovereign economy within the Eurozone and a benchmark issuer for European debt, was denominated in EUR and had a total issuance size of 1,870,395 units with a minimum lot size of 1 unit. Characterized by a 0% interest rate and an observed market price of 100% at its effective redemption, this instrument reached its full maturity on October 31, 2018, at which point it was fully repaid to investors, concluding its lifecycle as a sovereign debt obligation. |
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